Negative interest rates have a pernicious effect on human beings. They corrode the structures of society, culture and people’s mindsets, triggering widespread resignation and even nihilism.
Madame Lagarde: End Draghi’s Half Measures!
Rather than having the ECB continue its path of raising just the boats of the rich, it is high time for the delivery of “helicopter money” to everyday Europeans.
The World of Negative Interest Rates: An Introduction
We now witness the marks of the inverted universe of ultra-loose monetary policy and lax central banking.
Lagarde’s Leadership Should Not Be Underrated
The scope of central banking has expanded significantly in recent years. The former IMF boss is well prepared for those challenges.
Italy: The Master of Its Fate
If Italy’s government tames its radical instincts it could be allowed to get away with a few things. But if it is confrontational with the EU it will be heading for trouble.
Italy and the Euro
If a radical government in Rome plunges Italy into a deep crisis, it would still be an Italian crisis — rather than a “euro“ crisis.
Will Italy Spell the End of the Euro?
France and Germany will be very flexible in their response to Italian demands, irrespective of the official rhetoric from Berlin and Paris.
How Poland and Germany Can Close Ranks
Instead of seeking war reparations from Germany, Poland should take steps that bring the country closer to the euro area to secure the country’s long-term economic interests.
High Time for Europe to Shed its “Universal Banking Model”
The “Universal Banking Model” has become a threat to economic, financial and social stability.