The two charts are a just an illustration over time of how I best view the principal driving forces behind the markets. What matters here, are the proportions and their respective empirical evolution. It varies countries from countries but since we all use the same monetary/economic system, the trip is...
COVID 19 has exposed many weaknesses of our system. Mainstreet awareness that things are not working the way it should be, is increasing fast and the clock is ticking. In SGG’s approach, I highlight one question “Do Central Banks have such unlimited power without unintended consequences? In Princes of the...
A few years ago, ex Brazilian President Dilma Rousseff was impeached due to "fiscal crimes". History seems to rhyme and it looks like COVID 19 has induced an important shift similar to what she did. I doubt that anyone will be really held accountable as her in the future...
I you are 40 or more, your finances will probably be impacted. Financial repression is well shown in the following chart. You can observe that over USD 10 trillions of sovereign and credit debt is yielding negative interest rates. This is not new, but it is the sign that central...
