Author: Michel Santi

The Rome syndrome

April 11, 2019 0

  The Italians were, for centuries, Europe’s bankers. The Medici’s, for their part, lent extensively to the British and French crowns. Let us not forgetthe marriage – of convenience – between Henry IV and Marie de Medicis, who was also known as “the fat banker’s daughter”. What happened in the second half of the 20th…

By Michel Santi

Debt, money, sin

March 20, 2019 0

  The word for ‘debt’ in German – to owe money – is ‘Schuld’, and it also means ‘sin’ in this language. This dual meaning also existed in Akkadian in Babylon. In fact, it’s a Babylonian sovereign, Hammurabi, who in 1792 BC was the first to set up a veritable system of debt-renouncement that entailed…

By Michel Santi

BOB = Bored of Brexit

January 22, 2019 0

As“Brexit fatigue”takes hold of us, let’s look back over the terminology relating to it. While “soft Brexit” means the UK staying in the single market according to the “Norway model”, “hard Brexit” means exiting the EU with no agreement in place but then signing a trade deal, known as the “Canada model”. However, it’s only…

By Michel Santi