Category: euro
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 […]
The editorial GEAB team decided to share, exceptionally, with its readers an excerpt of the as yet unpublished document entitled “Community or Empire”; a book written by Franck Biancheri in 1992. This excerpt evokes the importance for the EU’s endowing with a forecasting capacity to adapt its governance to the challenges of its reopening to […]
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 […]
Donald Trump’s victory in the US presidential election creates the conditions for change, but it is not change yet, contrary to what the media and populists believe. Far from being a “revolution”, the Trump’s advent at the head of the Western system corresponds to a radicalisation of the ex-ante situation. In reality, Trump is the […]
Everyone remembers the images picturing floods, hail storms, mudslides, tornadoes and other disasters that have swept Europe, Germany, France, and Belgium recently, but also those of other continents (America, Australia, and Canada, where huge fires are still raging in Alberta). The estimated damage is reported to be in billions of Euros: 1.4 billion estimated in […]
In 2014, our team anticipated the disintegration of the Eastern European flank following the conflict between the EU and Russia. Two years later, the damage has become visible. If Europe and Russia fail to renew any dialogue, the worst is yet to come in this part of Europe, a region where old demons are in […]
Since 2006, when the GEAB bulletin was launched, our team has placed the emerging multipolar world at the heart of the global systemic crisis. The effects of the growing relativity of the American power were the first visible signs of a vast global reconfiguration. Then, in 2009, with the creation of the BRIC(S)[1] club, the […]
The city of London used to be an exceptional financial centre, by far the foremost in the world, a position it had owned for generations. Nevertheless, being attacked from all sides, it attempted with great effort to defend itself and demonstrated imagination and extensive accessibility but yet, eight years after the beginning of the global […]
Precisely ten years ago (to the day), in its second bulletin of February 2006[1], warning about the imminent explosion of a «global systemic crisis”, the GEAB based its opinion on the identification of two strong signs: the end of the publication of the M3 money supply indicator[2] (suggesting a start to unusual degrees of the […]
The petrodollar system has been in agony for several years now. We wrote in our GEAB No. 100 that our team’s belief was that we were about to live through the final collapse of this system in 2016. Since it is the pillar of the current international monetary order, its fall will allow (even force) […]
We have repeatedly analyzed that only the regional powers would be able to restore calm in the Middle East and resolve the Daesh issue, the common enemy on which (almost) everyone has agreed. However, we have stated that the US or Russian interventions would only have the effect of exacerbating tensions. Repeatedly missed opportunities Suffice […]
A systemic crisis, especially a global one, is not a sudden process. It is on the contrary a progressive phenomenon that can be anticipated through the analysis of certain indicators that reveal growing weakness in the international financial system, ruptures of sub-systems and attempts by some strategic players to manipulate or conceal the main indicators. […]
M3 is the decisive factor … As illustrated by most of the 9 indicators described in this third issue, the past weeks have confirmed how decisive the US Federal Reserve’s decision is to stop reporting M3 on March 23, 2006. We are now convinced that this decision portends a period of accelerated money-printing by the […]
The American and Iranian decisions coming into effect the week of March 20-26, 2006 will catalyse seven sectoral crises into a total crisis, affecting the whole planet in the political, economic, financial and probably military fields: loss of confidence in the Dollar, explosion of the US financial imbalances, oil crisis, end of the US leadership, […]