Finance

One day, it will become necessary to thank the media and the Anglo-Saxon politicians, at the beginning of the second decade of the 21st century, for having talked so much about the euro crisis and the European integration difficulties…

Nothing resembles 2013 more than 1913. That year, a period of extraordinary growth was greatly restricted by a financial crisis caused by the first economic power at the time (Great Britain)…

There is a very fashionable scenario in Paris at the moment: why reform? The global financial crisis is almost over; the world is at the end of an economic cycle; growth will return soon everywhere and especially in the West; first in the United States and then in Europe…

Here’s a riddle: in what country are the richest 1% paying 41% of all the income taxes and where the richest 5% are paying more than 65%?

It’s about time in France, to prepare for the upcoming double shock of the banking crisis and the crisis of public finances. It is coming. It will be there soon. And no one gives a serious thought about the scenario of the worst-case; as if it was sufficient, to avert it, not to think about it.

Rien n’est plus stupéfiant, en apparence, que l’euphorie qui s’empare de tous les marchés boursiers en cette fin d’année. La plupart des analystes sont d’accord pour dire que la crise financière est finie, que les marchés financiers sont sous-évalués…