15 Sep 2025
The financial crises of 2008 and 2010, and the subsequent quantitative easing programs of the Federal Reserve (FED), the European Central Bank (ECB), the Bank of England (BoE),…
20 Mar 2023
We have just experienced the bargain purchase of one of the 300 banks considered as systemic, Credit Suisse, those that you cannot let fail, but this is nothing…
2 Feb 2023
The Fed has abruptly slowed down the rise in the benchmark interest rate, despite the fact that inflation is far from being at acceptable levels in the long…
28 Oct 2022
The European Central Bank is raising rates to cool an economy that is not overheating but suffocating. It looks far too much like the oil crisis of the…
26 Aug 2022
Inflation hid what Putin was preparing for the winter. Now both colds, the one on the thermometer and the one in the economy, arrive together.
29 Jul 2022
The Government boasts about the worst employment figures in Europe while the European Central Bank makes mortgages dearer. The adjustment is paid for by families, who never got…
30 Jun 2022
The sovereign risk premium is back, and with it the age-old question: who pays the debt? Sovereign bonds have brought down more governments than the ballot box.
4 Oct 2021
In the sixties a British minister coined the cursed word: inflation without growth. China is now in a position to export it to us.
2 Aug 2019
Facebook announces its virtual currency following Maduro’s Petro. Behind a cryptocurrency there is nothing more than an ideology, and an ideology is not an asset.