Desperately seeking $ !

August 28, 2018 0

Since last January, interest rate hikes have accelerated throughout the world. It’s simple: we might have returned to the pre-Lehman average rate level, according to a Bank of America Merrill Lynch study! It’s not surprising that, in such a situation, global cash is drying up internationally since it goes without saying that such a tightening…

By Michel Santi

If only we were all Japanese!

June 17, 2018 0

Japan is known as much for its smartphones and robots as it is for the implosion of its real estate mega bubble nearly twenty years before the subprime crisis in the US in 2007, which itself preceded the collapse of the Spanish and Irish real estate markets in 2009. In fact, the Japanese financial and…

By Michel Santi

Make America 1929 Again

June 5, 2018 0

During his election campaign, Trump never stopped waxing lyrical about China who he stigmatised for all types of wrongdoing, citing high levels of damage to American interests due to unfair business practices. However, a year after being elected, it’s against his closest allies – Canada and Europe – that Trump is raging, all the while…

By Michel Santi

Europe is sick with Germany

May 28, 2018 0

My intention here is not to fall into caricaturisation or outrage, but Germany is now being governed a bit like Ceausescu’s Romania. Just before being overthrown, he managed to run up a surplus in the way of 9 billion dollars on his country’s balance of payments, just like how Olaf Scholz, the new German Minister…

By Michel Santi

Qatar & Saudi Arabia: a cold peace

April 22, 2018 0

According to statements made by the then President of Yemen, Ali Abdullah Saleh, “Qatar has too much money”. In fact, only the insiders were familiar with this Emirate prior to the 1990s, even though the little State has distinguished itself as the richest in the world per capita thanks to the proliferation of its oil…

By Michel Santi

Our voluntary submission to GAFA

April 4, 2018 0

The GAFA companies and their consorts have become very powerful across the globe. They are now so present in, and indispensable to, our daily lives that they are competing with governments. The European Union, and even Trump’s United States, are fully aware of this and we are now participating, stunned, in the first outbursts of…

By Michel Santi