The changing globalization
Globalization is the framework that has long agreed to understand the world and its evolution.Since the fall of the Berlin Wall, there is the idea of a world that would gain in…
Philippe Waechter's blog
Germany is struggling
The German economy will be in recession this year. The GDP figures go in this direction and the cyclical indicators do not give any signals contrary to it. Yet Germany was on…
The Brics at 11 or the definition of a new global balance
The expansion of the Brics from 5 to 11 countries is not anecdotal, it is a radical change in the global balance. Until now the Brics group (Brazil, Russia, India,…
Keys of the week – 23 January 2023
Understand the macroeconomic events of the past week.Risk of recession in Europe, real estate in the US with a downside risk and gold price which follows an irrational trajectory
Keys of the Week – January 16, 2023
Understand the macroeconomic events of the past week.US inflation, wages in Europe, industrial production in Europe and inflation and foreign trade in China
Growth and inflation in China argue for a very accommodative monetary policy
The slowdown in growth and the very low inflation in China will lead to the implementation of a very accommodating monetary policy. This has already started and will continue throughout…
From Today to Tomorrow – November 18 – A New Global Equilibrium
The new free trade treaty is between Asia and China, the precedent should have been between Asia, excluding China, and the USA. Donald Trump decided otherwise upon his arrival at…
From Yesterday to Today – November 5 – USA and China – Favorite Enemies
Donald Trump’s mandate was marked by his battle with China. The Middle Empire is shaking up America economically, technologically and politically. These tensions are not recent but have increased with…