As we see on a daily basis, central banks play a major role in the crisis’ management. In order to see the unfolding of the global systemic crisis more clearly, we must understand how they act, the limits, the advantages, and disadvantages of their interventions. We have therefore decided to ...

“It was night, and the rain fell; and, falling, it was rain, but, having fallen, it was blood.” These words of Edgar Allan Poe (1) apply perfectly to the slow process of global dislocation now in progress, where seemingly innocuous events – like the “rain” – combine to undermine the ...

When, in January 2006, the first GEAB issue anticipated the fall of the Dollar wall, the comparison was made between the Berlin Wall and the Iron Curtain which made it possible for the Soviet system to hold up for so long and the Dollar Wall which protects America. But this ...

On March 29, 2009, Franck Biancheri signed an open letter in the Financial Times international edition from LEAP/E2020 to the G20 leaders who were going to meet in London the next week. In its introduction, this text predicted that if the three recommendations it contained were not implemented as soon ...

Download MAP3 (free) What will the world after the babyboomers look like? Or, more exactly, Europe after the babyboomers? This is the main anticipation work of this 3rd edition of MAP. And the subject’s worth it because, on the one hand, we’re seeing throughout Europe the growing expression of the ...

– Except book “World crisis – The Path to the World Afterwards” by Franck Biancheri – The crisis, because it wasn’t anticipated by world leaders, is advancing at its own speed. In 2009 the financial efforts, without historical precedent, of the United States, Europe, China, Japan and other countries have ...

As the drama unfolds and the plot thickens, new actors join the stage and the tension rises. Purgation, or catharsis, releases emotions at the final stage of Greek tragedies. We may soon find out what form this will take in the real life drama the Greek economy is going through ...

Sometimes money is compared with the blood of the economy. The credit crisis painfully demonstrated, that the economy depends on a permanent infusion of credits. As soon as the banks deliver a bit less credit, enterprises fail and the mass dismissals succeed each other. We are made to believe, that ...

Political consequences: Towards an aggravation of US leadership weaknesses (leaders facing a loss of legitimacy, economic context of recession, diplomatic deadlock in Iraq/Iran/North Korea…) The recent choice by American voters, who have violently rejected the policy followed for six years, is nothing other than a loud cry for help [1] . ...

Those who use dollars outside the US continuously pay a contribution to the US. It comes in the form of an inflation of 1.25 million dollars per minute. This is the result of the fast increase of the US foreign debt. Half of all US’ imports are simply added to ...