It may sound apocalyptic, but the problem of this apparent crisis of mature democracies is that we do not fully understand the risks we are facing.
I saw the following analogy while reading the memoirs of Ben Bernanke, the chairman of the Federal Reserve who played a huge role in helping the nation overcome the Great Recession 10 years ago.
There was a fire in a house in a town where the majority of houses were in close proximity to one another. Most people [Read more]
'The biggest legacy of the  financial crisis is the Trump presidency.'
A decade after the financial crisis began, the big central banks are still propping up the economy with their millions of injections of money into the financial system.
The White House is obviously only acting according to the will of the banking lobby, without really taking into account the wider public interest.
<i>ANALYSIS - America was in crisis at the beginning of 2008. Eight years later, its banks dominate finance like never before. Europe is not yet aware of the sovereignty issues that this represents.</i>
It was only eight years ago, yet it now seems like an eternity. Lehman Brothers was weathering the most resounding [Read more]
It is the election of negatives ... with the winner being whoever manages to convince the voters that the other candidate is even worse.
In comparison to Europe, the American welfare state is not generous enough.
Free money is finished, at least in the United States. And good riddance. The U.S. Federal Reserve decided as of Wednesday, Dec. 16 to raise interest rates by a quarter of a point. From now on, American banks will be lending at a rate between 0.25 and 0.5 percent. This increase will be followed by other progressive [Read more]
The U.S. and China ought to develop new ways of thinking, and sort out the bottleneck situation of cooperating in militarily secured territories.