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Will America betray its allies?

Published at: 28-08-2021

Posted on: August 28th, 2021 by RaduC No Comments

Much has already been said and much ink has been spilled about the rushed and poorly planned American pullout from Afghanistan. And rightly so. There is a large consensus that the withdrawal could have been gradual, better organized and more mindful of all those who have supported NATO forces all these 20 years. Unfortunately, though, […]

The genie is about to get out of the bottle…again

Published at: 15-08-2021

Posted on: August 15th, 2021 by RaduC No Comments

One theory tried to explain the 2008 financial crisis by referring back to the end of the cold war. The new geopolitical development meant lower defense spending and, consequently, fewer contracts between the defence industry and the US government. As a result, aeronautics experts, such as mathematicians, physicists, highly qualified engineers had to leave their […]

How short will the memory of Capital be?

Published at: 23-07-2021

Posted on: July 23rd, 2021 by RaduC No Comments

(R*) Much is being written about the impact that the pandemic is set to have on globalization and about international capital relocation. It refers to a return to regionalization, to the detriment of globalization, a process whereby people who put their money in China first, and in other corners of the developing  world, will bring […]

In the eye of the storm

Published at: 20-06-2021

Posted on: June 20th, 2021 by RaduC No Comments

We are increasingly convinced that we have left the pandemic behind. What was worse is now behind us and returning to normal life is just a matter of time. We are so convinced, that willingness to vaccinate is going down in most countries which until recently had massive vaccination rollouts. Romania is no exception, but […]

The misleading calm arising from taboo questions

Published at: 16-05-2021

Posted on: May 16th, 2021 by RaduC No Comments

Europe was taken aback by a recent letter signed by 1,000 French military, including some 20 generals, retired or on active duty. Another one followed, this time anonymous. Though for some the warnings of a possible civil war in France or the references to ‚the hordes of the banlieue’ of a certain religion may seem […]

The flimsy campaign for crypto continues

Published at: 09-05-2021

Posted on: May 9th, 2021 by RaduC No Comments

A few weeks ago I was asking a rhetorical question: What interests inflate the price of Bitcoin ?, in a post that followed another one entitled Is Tesla’s investment in Bitcoin a smokescreen? Both noted that high-profile businessmen and businesses and more recently respectable financial institutions seem to go out of their way to campaign for investing […]

Cryptocurrencies are not currency, but cryptoassets

Published at: 04-04-2021

Posted on: April 4th, 2021 by RaduC No Comments

My guest this week is Cristian Popa, the well-known and highly esteemed deputy governor of the National Bank of Romania between 1998 and 2014. RC: Cristi, thank you for the kindness of accepting my invitation. In your opinion, are cryptocurrencies an economic or a social phenomenon? CP: They are primarily an economic phenomenon because they […]

What interests inflate the price of Bitcoin?

Published at: 14-03-2021

Posted on: March 14th, 2021 by RaduC No Comments

This post will fuel conspiracy theorising. But I cannot help noting an effort, apparently concerted, to drive the price of Bitcoin up and prevent its spectacular falls as it happened on more than one occasion in the past. Since investor excitement (or naivety?) needs to be continuously spurred on, here comes the heavy artillery. To […]

The Great Reset or the Great Hysteria?

Published at: 05-03-2021

Posted on: March 5th, 2021 by RaduC No Comments

In the past year a ghost has been haunting the public debate. Its name is “The Great Reset”, a concept talked about ever since the 2020 World Economic Forum (WEF) at Davos. It subsequently became the preferred topic of conspiracy theories. The ball was pushed rolling in this direction by political groups and media outlets […]

Is Tesla’s Bitcoin investment a smokescreen?

Published at: 14-02-2021

Posted on: February 14th, 2021 by RaduC No Comments

Tesla and Bitcoin, two extremely popular brands share a common trait: their skyrocketing market value. Since the beginning of 2020, Tesla`s share price has increased ninefold resulting in an overall value higher than that of Toyota, Volkswagen, Daimler, General Motors, BMW, Honda, Hyundai and Ford together. Clearly, some may say that Tesla is not a […]

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