Financial crisis



Why a Gold Standard?

Published by Dan Popescu | Sep 21, 2015

  In this article I want to approach the idea of a gold standard from a more “regular people” perspective rather than from a “high academic” economic/finance and, sometimes, legalistic perspective. I constantly read books and articles full of mathematics written by the economic academia,...

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Europe - Bank Default: Deposits No Longer Insured

Published by Philippe Herlin | Sep 18, 2015

From now on, when a European bank goes bankrupt, the shareholders shall be the first to foot the bill (makes sense), then the holders of bonds issued by the bank (also makes sense) will be next in line, and if this isn’t enough, the bank will be allowed to use the money in their clients’ accounts...

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The Shanghai Crash Signals More Turmoil Ahead

Published by Philippe Herlin | Aug 27, 2015

The veil is being ripped... the Shanghai stock market crash reveals what the global financial markets would not dare admit: Chinese growth has vanished. Everyone was trying to believe that the official rate of 7% was real, that we could pin our hopes on it, that it would be the engine of the glob...

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