A former editor-in-chief and author from Switzerland advises the European economy to emulate Silicon Valley. Yet, this is hardly doable – and the days of this particular model are, perhaps, numbered.
My dear contrarian ladies! My dear contrarian sirs!
As you know — since you don't have the right not to know because everyone is making it known with drums, trumpets and all the fanfare — growth is coming back. What am I saying? Growth is back. Growth is there, prodding us from every corner. Ah, this holy growth [Read more]
It’s one thing to be hopeful, and another thing, quite different, to achieve well-being.
The uproar caused by the formation of the Asian Infrastructure Investment Bank died down near the end of March. Through the formation of the AIIB, the Chinese government has been able to make both superficial and tangible gains. Even former United States Secretary of the Treasury Lawrence Summers issued a warning: “I [Read more]
The struggle is between the frackers and Saudi Arabia, but the wild card is the U.S. government.
As 2015 arrived, large economic entities arose, oil continued to fall, the United States economy flashed a light of hope, the gross domestic product picked up the pace, the U.S. dollar exchange rate strengthened and unemployment rates fell. The Federal Reserve system is already pressing the "add interests" button, and [Read more]
U.S. President Obama, who has two remaining years in office, gave the State of the Union address at the beginning of the year. Unlike previous years where his address has tended to focus inward, this year he emphatically discussed beginning a “new chapter in the United States. However, this may be difficult to [Read more]
This time, the aim is to let the big, federally insured banks increase their risk profiles. Super idea, that one.