How Financial Repression Flattens Your Savings

Published by Philippe Herlin | Apr 2, 2015

“Financial repression” destroys the economy from within. When an over-indebted country is unable to reduce its deficit (or refuses to do it in order to continue financing its voting constituency) it exposes itself to market defiance and fleeing investors. In spite of that, in order to avoid this nig...

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Headed toward a conflict between Germany and the ECB?

Published by Philippe Herlin | Oct 2, 2014

Tensions are rising between Germany and the European Central Bank and, this time, concerns are raised openly through an intervention by Germany’s finance minister Wolfgang Schäuble before the German parliament, the Bundestag. Angela Merkel’s strong man has been in charge of this key ministry since 2...

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