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Immigration : the third rogue wave shatters the EU ship as we have known it

The concept of « rogue waves » has already been used by our team in June 2009 to highlight the strength and frequency of the shocks suffered at the time by the global economy which isn’t getting back on its feet: unemployment, bankruptcies, Treasury bond crisis.The image comes to mind once again in the light of this unprecedented crisis currently unfolding in Europe: A migration crisis, the third remarkable shock suffered by the continent after Greece and the Ukraine, making it possible to anticipate that “the EU as we have known it” will not pick itself up again…

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