Positive Economy

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No longer expect anything from anyone

Positive Economy

I had set the date here for October 02 because, at that date, France’s 2015 budget was to be disclosed, and the bulk of the proposed reform measures necessary to ensure the country’s recovery were to be initiated.

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What is the purpose of the ECB?

Finance, Positive Economy

Main pivot, insuring alone the survival of the euro, without any assistance from the EU’s executive bodies, the European Central Bank (ECB) is today obliged to do exactly the opposite of what is set out by the Treaties: lending to States in order to finance their debts…

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Burying old capitalism

Finance, Positive Economy

The current discussions, around the world, and in particular in France, on how the fate of companies is sealed, illustrates the view that old capitalism, the one in which those who hold capital grant or deny the breath of life to companies, is outdated…

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