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9/11 , ten years after
10 jaar geleden werd de VS getroffen door laffe terroristische aanslagen. Dezegebeurtenissen werden enorm gemediatiseerd. Miljoenen mensen beleefden rechtstreeks een groot drama. In de dagen na de aanslagen, ontstond een zekere massahysterie, die logisch was gezien de enorme impact van de aanslagen, en de media. Een jaar na de ...
Cunning Tails
"I have got a plan so cunning that if you put a tail on it, you could call it a weasel !". These days, various financial assets are "weasel" priced with surprising cunning tails. Tail risk briefly involves "tales of the unexpected". And we have so far seen quite an unusual high amount of unexpected pricing in various assets. And ...
Central bankers have become daytraders of our economy
Once upon a time, central bankers were anonymous, not known to the broad public. They managed silently the liquidity needs and money flows in the banking system. Under the Greenspan-era, they have become more active, intervening in the markets, and increasing their ambitions. Today, central bankers see their role very broadly, ...
"Strange days" meets "Nothing Rhymed"
James Bond and Auric Goldfinger were never close friends, even when playing a game of golf. And in economic reality, it rarely occurs that both assets - gold and bonds - go hand in hand. The main reason is that gold serves as a kind of inflation hedge which normally implies an environment of rising yields (and losses on bonds). ...
The Recession of 2011?
The renowned American financial expert and much appreciated Econopolis- and Econoshock-contact John Mauldin very accurately predicted the financial crisis of 2008 and the recession that resulted from it. In his latest newsletter "Thoughts from the Frontline" (www.johnmaulding.com and ...
August 2007, 4 years later on
On August 9 2007, the ECB pumped a record 95 bio eur of liquidity into the money market in an effort to unfreeze the desperate conditions of interbank lending. It was a first and serious sign that a crisis was looming. We are now 4 years later on, and the main question remains : could it happen again ?In view of all the focus ...
Euroland at stallspeed
Stall speed is the speed at which aircrafts do not get enough lift to fly. It is the perfect description of the pace of growth in the US and the eurozone. With quarter-on-quarter growth near zero in the 17-eurozone countries, growth momentum has come to a halt. As GDP growth numbers are lagging sentiment indicators (see main ...
The IMF and Lady Luck
A turbulent day and a sigh of relief seems to be the conclusion following the Greek vote. Europe and the IMF are happy with the outcome, for Greece mega austerity and a giant wall of debt refunding are on the menu. Concerning the IMF position on this rescue mission and what was said on debt policy world-wide, there is plenty of ...
US debt ceiling and debt monetization
Europe is in the midst of a financial crisis. But the US is also experiencing a debt crisis. The discussion about the so-called " debt ceiling" hides a more fundamental problem: the appetite of foreigners for US debt has been disappearing. Only China and the US Federal Reserve are willing to ...
Extra Z-Talk 21 juli 2011
De extra uitzending van Z-Talk voor de nationale feestdag, zag er als volgt uit: Deel 1= Frank Vandenbroucke en Etienne Vermeersch over België in 2030Het werd een fel debat over de huidige situatie. Etienne Vermeersch was bijzonder kritisch over de nota van Elio di Rupo. Deel 2 = Geert Noels en Frank Vandenbroucke over Europa in ...















