The economic deficiencies of our political leaders
September 17, 2019The “Japanisation” of our Western economies that I have been talking about and describing for years has now reached its climax with the world’s two most influential central banks – the ECB and the Fed – getting (back) out the heavy artillery in the hope of putting more pressure on their interest rates. The heated…
Economic Hibernation
February 25, 2016How have we lost our bearings? And why do the right and left – in all Western countries – appear to be applying the same economic policy, with only a few cosmetic nuances in difference? Where are the contentions of old that we used to have and which would pit us against each other? It…
If only the right knew how, or the left was able to
February 19, 2016Negative interest rates appear to be incompatible with our current banking system, because it is the banking institutions which have the most difficulty making profits in an environment of negative rates. It is the very fabric of our economy that has again been shaken as our world sinks further and further into this new paradigm…
Negative rates? No, a revolution in attitudes!
April 24, 2015How should we live in a world where interest rates are negative? It is a genuine paradigm shift that tells us to prepare for global deflation. While the U.S. will be spared, our Europe is sinking into economic stagnation, an ice age likely to be secular in nature. Switzerland and Denmark are leading the way…
