GEAB 152
It’s time to update our “money digitalisation” trend. If everything has taken the direction we anticipated two years ago, [1] these experiments seem to have a hard time coming out into the open:
. The digital Yuan is in the live-test phase in certain cities, such as Shenzhen – which as pilot-city is highly compatible with this type of experiment – or Suzhou. [2]
. The Libra/Diem-Dollar, which has been trying to get out for months, is still awaiting authorisation from FINMA, the Swiss regulator. [3]
. The digital Euro will be subject to a mid-2021 decision but for deployment 3 to 4 years later. [4]
Meanwhile, inflation is spiking[5] under the pressure of the indebtedness orgy which Covid-19 allowed, giving the West’s modernity gap with Asia a chance to narrow. Western central banks think they can cope with an inflationary trend that they have been hoping for years.[6] But the blow could go faster and further than expected.
Login
Particularly three phenomena concur to the distortion of our collective understanding of reality: the economic and mobility slowdown, the collapse of information systems linked to the pandemic, and the election [...]
In our January Panorama of trends for 2021, we mentioned that the US was the main question mark on our map of the future. Part of this dark spot was [...]
In March 2019 our teams published a Reader’s Digest of the anticipations found on the net with the first key date of 2020 for which some analysts had announced the [...]
2020 has been particularly difficult for the European space industry. Besides the suffering from the COVID-19 crisis, the European space economy is also suffering from several other shortcomings. Today, we [...]
Many of us have grown up in countries where access to water is taken for granted; where a constant and secure supply of clean water has become the norm. Safe [...]
- > Currencies: Landslide - > Oil: Fire-exposed - > Raw materials: Heavy stuff - > Big Tech: Turnaround in sight - > Pharma: Run away - > Beijing Olympic [...]
Comments