Markets are Tanking and They Still Don’t Know Why

Published by Philippe Herlin | Jan 28, 2016

2016 is off to a very bad start for the stock markets worldwide: they have lost approximately 10% of their value since January 1st, one of the worst starts of a year in stock market history. Since their peak of last June, stock markets worldwide have declined by 20%, according to Bloomberg, which co...

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Europe - Bank Default: Deposits No Longer Insured

Published by Philippe Herlin | Sep 18, 2015

From now on, when a European bank goes bankrupt, the shareholders shall be the first to foot the bill (makes sense), then the holders of bonds issued by the bank (also makes sense) will be next in line, and if this isn’t enough, the bank will be allowed to use the money in their clients’ accounts di...

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The Shanghai Crash Signals More Turmoil Ahead

Published by Philippe Herlin | Aug 27, 2015

The veil is being ripped... the Shanghai stock market crash reveals what the global financial markets would not dare admit: Chinese growth has vanished. Everyone was trying to believe that the official rate of 7% was real, that we could pin our hopes on it, that it would be the engine of the global...

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How Financial Repression Flattens Your Savings

Published by Philippe Herlin | Apr 2, 2015

“Financial repression” destroys the economy from within. When an over-indebted country is unable to reduce its deficit (or refuses to do it in order to continue financing its voting constituency) it exposes itself to market defiance and fleeing investors. In spite of that, in order to avoid this nig...

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