My fair share

Temporary or more structural: is it the return of the price/wage spiral? We had almost forgotten the term: the strike (or its threat) is back. In the United States, agricultural machinery [...]

Debt headache

The issue of European public debts has been frozen by the pandemic. The issue may return with a vengeance They were already largely contested, the pandemic will have finished them off… The [...]

« Soylent green »

Is the enthusiasm for ESG funds exaggerated? The movie was scary, offering the vision of an overcrowded world, lost in violent cities and faced with a mysterious enterprise “Soylent Green” [...]

Crazy Tokens

Would NFTs be the tulips of the  XXIe century? The Frans Hals Museum in Haarlem in the Netherlands, houses a work by the painter Jan Brueghel the Younger, satire of the “Tulipomania” [...]

Bond garbage

Are all bonds becoming “investment garbage” as Bill Gross claims? I report here the cry of alarm, not to say of anger that has just launched Bill Gross, the famous and former boss of the PIMCO [...]

50 years of suspension

Benefits and costs of the rapprochement with China and the suspension of the convertibility of the dollar. On August 15, 1971, President Nixon announced the suspension of the convertibility of [...]

The time of ruptures

In Venice, G-20 ministers and central bankers are showing a common front. Will it last? This year Venice meeting is reminiscent of another. In November 2008, in the midst of the financial and [...]