
The Modern Economy and the Tyranny of Time
The tyranny of time is a fact of life in the modern world. The fear of the future and of emptiness, ingrained in everyone, is exploited to turn time into a scarce commodity to be maximized.
Read articleThe tyranny of time is a fact of life in the modern world. The fear of the future and of emptiness, ingrained in everyone, is exploited to turn time into a scarce commodity to be maximized.
Read articleThe gold price has just hit a new all-time high. Is this an underlying trend or a passing phase? In any case, all the conditions are in place to fuel this ascent.
Read articleThe BRICS nations' New Development Bank is still a modest alternative to the World Bank and IMF, held back by limited capital, dependence on the dollar and imperfect governance. However, global rebalancing could work in its favour.
Read articleFor years now, emerging countries have been enjoying stronger growth than Western nations. Globalization, combined with the rise of China, has enabled these countries to achieve dazzling growth. Whereas in the past, periods of international crisis severely affected their economies, the situation...
Read articleThe recent report by Mario Draghi, faithful architect of the European project, has the bold quality of reminding European nations of the economic decline they have been experiencing for over twenty years. But the problem arises when the former ECB President presents the measures to be adopted, pa...
Read articleIn just a few days, the global financial system found itself in deep trouble. Summer's calm and carefree mood almost made us forget that the global economy has been on a razor's edge for years. In just three weeks, over $6 trillion in stock market value has evaporated, despite the lull of recent...
Read articleTaking stock of Brexit also means recalling the historical events of the past few years. The poor economic results are in fact as much attributable to Brexit as to the many recent crises, ranging from the health crisis to the Ukrainian-Russian war and geopolitical tensions around the world.
Read articleCurrent history shows a decline in US monetary hegemony, marked by a series of de-dollarisation announcements and a reduction in dollar reserves in central banks, signalling a change in international trade, particularly in commodities such as oil.
Read articleFor over half a century, the United States has surpassed the United Kingdom as the leading international power. Its military and monetary strength, the first two of a hegemonic country, remain unrivalled. The Biden administration seeks to maintain this superpower, but the world is changing.
Read articleMoney, as a medium of exchange, has existed throughout human history in many different forms. For centuries, there has been a constant tension between those who advocate hard, metallic money and those who defend credit money or debt money.
Read articleGlobal debt has reached an all-time high of over $300 trillion. If this amount explains so many things, it is above all the driving force behind a boundless ideology in a world of risks and stakes of all kinds.
Read articleGold is attracting growing interest in an international environment marked by multiple challenges and a climate of permanent uncertainty. Progressive de-globalization and contemporary societal aspirations also accentuate the importance of an independent asset, subject to no authority.
Read articleAs the world changes, Indonesia, Vietnam, the Philippines and Malaysia (all members of ASEAN) are differentiating themselves. Formerly known as the "Asian Tigers", these four countries are experiencing a veritable economic expansion, and have strong growth levers at their disposal, despite the re...
Read articleThe history of gold spans several millennia and the entire globe. The cornerstone of civilizations, used as a medium of exchange and then as a standard, gold as a currency helped create trust between individuals. As the heart of the global economy shifted, so did the world's gold reserves.
Read articleThe banking crisis of spring 2023 was marked, first and foremost, by the failure of three US regional banks. These types of banks, which are all the more vulnerable to market conditions and are not systemic, are still experiencing financial difficulties that could lead to further bankruptcies.
Read articleFor over half a century, Western financial institutions such as the IMF and the World Bank have played a decisive role in financing developing countries. Growing hostility to these institutions, and the structural reforms they require, have gradually enabled other states and organizations to asse...
Read articleWith many political elections due to take place in 2024, the economic and financial outlook is likely to tip the balance for better or worse.
Read articleThe interest rate hikes implemented by central banks since the resurgence of inflation have appeared to be the norm. However, it is a revolution in the making. After decades of falling rates, they are now rising sharply, raising fears of unprecedented financial and economic risks.
Read articleIn addition to its representation in various holy places in the form of different objects, gold is also the subject of numerous traditions. Here, we take a brief look at its place in various civilizations and religious currents.
Read articleEscalating geopolitical tensions and the risk of aggravation in the context of the Israeli-Palestinian conflict are adding new challenges to a fragmented world. The international economic and financial system can only emerge from this situation weaker, as inflation persists and growth remains wea...
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