Grey Swan Analysis
We have listed twelve Grey Swans which we see as, some of, the driving forces which will weaken the economic climate across Europe.
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The invisible American
In the fall of 2016, newspapers such as The New York Times and Financial Times published articles on the recovery of the economy. Is this really the case? It seems we cannot rely on these articles in these otherwise highly-regarded newspapers. From 2001 to 2016 the percentage of the upper-middle and middle class in the US fell from 63% to 51%. This means that some 25 million American economic lives crashed.
Is Europe in crisis or is this more a question of chronic illness
The word crisis refers to a decisive moment or turning-point, which the euro never seems to reach. The single currency’s complaint is more like a chronic illness that is neither serious enough to kill the patient nor weak enough to be easily cured.Employment in the public sector: Is this a new time-bomb?
From integration to fragmentation
Do you remember the ‘three wise men’ of the EU, Van Rompuy, Barroso and Schulz, celebrating their receipt of the Nobel Peace Prize in Oslo in December 2013? This looks like an example of toxic politics! Have they thought of new challenges to solve the European problem of high unemployment?