Boiling Frogs

Here is a very good documentary produced by Positive Money. This is a must see if you want to understand how money works nowadays, why it creates inequalities, and how we can change it. Last january, I had the opportunity to interview Ben Dyson, the founder of Positive Money, an action-tank that promotes a monetary […]

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.

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.

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.

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. 

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. 

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.

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.

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 […]

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.