Crypto-currencies, of which Bitcoin is the most popular, are “virtual” currencies devoid of any physical reality, possessing an electronic form and functioning by using cryptographic methods. They are used specially as a means of payment in an innovative decentralised peer-to-peer system. With the Bitcoin and the other crypto-currencies, one can buy everything from food products, […]
Since November 8, 2016, India has created a monetary revolution of a magnitude never seen, both by the size of the population concerned and the depth of the transformation induced. By demonetising the biggest notes of 500 and 1000 Rs (rupees), the Indian government is trying to reintegrate into the official economy the state’s gigantic […]
We have claimed at great length in previous issues of the GEAB that neither of the two election candidates – Clinton or Trump – would be a good thing for the United States. The verdict has now been passed and it is Trump who will be elected president. Among all the uncertainties that remain, we […]
Both in the United States and around the world, this news has been making some noise: since October the 1st, the internet is finally “free from US tutelage.” Is it, indeed? It is true that a decisive step has just been reached, since the ICANN (Internet Corporation for Assigned Names and Numbers), a central internet […]
In short, the answer is, not much. But let’s elaborate! As our team noted in the September issue, Brexit unleashed a large potential to reorganise Europe with, as it happens in transitions, huge opportunities but also great dangers. But citizens of several countries at the heart of Europe find themselves stuck in unnecessary and dysfunctional […]
The world has been seeking a substitute for its reliance on the dollar since 2008. The dependency has been so strong, that it has taken almost a decade for a solution to be drafted. Strangely, this solution came from an institution perceived by some as obsolete, until China took the trouble to bring it back […]
This month we analyze the impact of the US presidential campaign on the way the American economic and financial situations are perceived. We all know that reality is a matter of perception. Our readers have probably noticed that recently we have spoken less frequently of the US economy in our bulletins. The reason is simple: […]
We are risking a bold anticipation here, but at least does it provide an interesting angle on the EU’s most important issue since 2014: the dramatically decaying relationship with its closest and most powerful neighbour, Russia. Moreover, as mentioned in our Manual of Political Anticipation, the anticipatory exercise consists of “thinking the unthinkable”… and bringing out […]
Even though it was considered a global model, at least since Tocqueville and his book Democracy in America (1835), the US democracy is currently on the verge of a major turning point. This shift seems to be the result of the total lack of updating in American politics, the self-proclaimed paragon of global democracy… (Read […]
The political anticipation method applied by the GEAB reveals that long-term trends are strong undercurrents on which short-term trends usually evolve. So, when our team commits to primarily anticipate phases of the crisis on the horizon in several years, it takes into serious consideration these structural macro-trends. Nuclear Energy – Spring 2017: the EU’s first […]
At the source of the current huge global disorder (of which the latest events to date are the Ukraine and Iraq), is of course, as we have repeatedly explained, the end of the American superpower. Whether it’s dying at local level, the US pension system on the brink of collapse, the population’s extreme poverty, the […]
– A superpower destroyed by its hubris – and destroying the world – The US – the sick man of the world – A broken political system… and a biased guardian of the Constitution – A social system on its last legs – A bankrupt education system – And how is the economy doing?
. The challenge of financing public authorities . Add a new floor to the fiscal structure, why not? . Principles of a trans-European taxation system . A question of democracy as well . Europe, last floor before a worldwide system of collection . The inadequacy of a taxation system with the nation-state at the apex
Since the United Kingdom joined the European Community in 1973, according to the exorbitant terms that we know for Europe, its leaders have renewed, ad nauseam, Margaret Thatcher’s strategy based on the following idea: “You need us, but we do not want you, so you do as we say”. Yet, what was true in 1973, […]
To explain the current financial turmoil, all official accusing fingers are pointing to a single guilty party: China, the ideal guilty player, the same way Greece and the euro currency were at their time. It is true that evidence seems to be on the side of those accusing fingers, due to the recently unstable Shanghai […]
The « Gulfies» : after the oil, the sky is the limit. In the GEAB No 96 of June 2015, we had discussed one of the new diversification strategies of the Gulf countries’ economies, particularly the one related to the capturing of the international air traffic through game stakes based on direct investments in the European […]
For 40 years now, the freezing of the situation in Western Sahara has been contributing significantly to the paralysis of the whole of North Africa. Nevertheless, significant changes in the regional order allow our team to anticipate a future outcome. . South China Sea, 2016: a summit of bordering countries In line with the escalating […]
After an unbelievably long period of hectic growth, the Chinese economy has begun to slow down. While the high growth phase was characterised by remarkable stability, the phase of slower growth, if the present crisis is any indication, is likely to be more turbulent. Slow riding an economy is much more difficult a task than […]