Publications

China Showing Some Cracks

Published by Philippe Herlin | Jun 27, 2013

What’s happening in China? The interbank market succumbed to two panic attacks, on June 7th and last week, immediately doused by monetary injections from the central bank, the People's Bank of China, but tensions remain.

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Paper Money Hides The Truth

Published by Egon Von Greyerz | Jun 12, 2013

Paper money hides the truth, and the truth is that most of the increase we have seen in paper wealth is illusory both for individuals and for the world. But it suits the governments to fool their people. This gives them the best chance of being reelected and they also engage in theft through inflat...

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Europe : Zero-Growth

Published by Philippe Herlin | Jun 6, 2013

The european economy’s landscape looks sad... The Eurozone saw its GDP lose 0.2% in the first quarter, and the OECD revised to the downside its forecast for 2013 and sees a 0.6% recession ahead

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