While complexity and opacity of finance is unfortunate, to some extent it appears to be needed for the good functioning of the economic machine. Understanding finance’s opacity is thus necessary to reform our modern financial system.
Archive for2012
Addressing the complexity of finance
May 2nd, 2012 | by Stanislas Jourdan | published in Beyond the crisis | Leave A Comment »
French banks withdraw their money from PIIGS countries
April 25th, 2012 | by Stanislas Jourdan | published in Warning signs | 1 Comment »
Another warning signal that the euro crisis is far from over : French banks withdrawed roughly 62 bn euros from the so called PIIGS countries last quarter, Bank for Settlements’ new data release shows.
ECB’s undisclosed bank aid? The Cypriot lead
April 25th, 2012 | by Stanislas Jourdan | published in Crisis routine, Warning signs | 1 Comment »
The European Central Bank is suspected to have lent more extra money to banks than we knew so far. While some people suspect spanish banks for being beneficiary of such operations, Cyprus’s banking system could also be concerned. Here are at least some intriguing evidences.
Democratizing Fed’s cheap money
April 24th, 2012 | by Stanislas Jourdan | published in Beyond the crisis, Crisis routine | Leave A Comment »
What if everyone had access to cheap money central banks are flooding into the financial markets since the beginning of the crisis? Last week, The Washington Post published a nice post that raises the question.
La gueule de bois
April 23rd, 2012 | by Stanislas Jourdan | published in Froggy News | 2 Comments »
I was not expecting anything from these elections, but still I feel disappointed. No by the results in itself, but rather by the absence of any sort of surprise.
What can the World expect from France?
April 22nd, 2012 | by Stanislas Jourdan | published in Beyond the crisis, Featured, Froggy News | 2 Comments »
Today is an election day in France. But if you expect some surprising news, you had better to check out this few radical ideas that will emerge soon.
François Hollande’s monetary backflip
April 20th, 2012 | by Stanislas Jourdan | published in Froggy News | Leave A Comment »
In a recent speech on the air of the radio Europe 1, the socialist candidate François Hollande advocated for statuses reforms of the ECB in order to allow Frankfort to “lend directly” to the eurozone States. His move contradicts what he said in the past.
Spanish (undoubtful) fact of the day
April 18th, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
Today, the central bank of Spain published its monthly statistics on doubtful assets owned by its private banks. Doubtful assets are mainly composed of non-performing loans or arrears. In other words: money owed to banks that household or companies are possibly not going to pay back. Without surprise, the amount of these bad assets is still […]
Collaborative finance: not so easy to innovate in France
April 16th, 2012 | by Stanislas Jourdan | published in Beyond the crisis | Leave A Comment »
While the financial crisis highlights the gaps and flaws of today’s complex financial system, those who are trying to innovate and develop better practices such as P2P lending, micro credit and P2P venturing are facing a lot of legal constraints.
New future market on french bonds: a water pistol against France
April 11th, 2012 | by Stanislas Jourdan | published in Crisis routine | 5 Comments »
A rumor is currently trending in French media: Sarkozy would be the instigator of the launch by Eurex (pdf) of a new market for derivative on French bonds. For some, the move is intended to stimulate market pressure on french debt and thus give credit to austerity speeches.
