One of the few constants in political science, is that in any democracy, an outgoing majority has the greatest difficulty in getting re-elected when unemployment rate is decreasing. Unemployment will be the main enemy of Barak Obama in one year from now, as it will be in a few months, that of Nicolas Sarkozy.
The departure of Steve Jobs, resigning as Apple’s CEO, after a cancer recurrence diagnosed seven years ago, is an opportunity to reflect on the role of innovations in history.
The architecture of monetary Europe is insufficient. This weakness may lead to a worsening of the economic and social crisis.
Markets leave no respite to the peoples as long as politicians do not act as statesmen.
Strange irony: 2012 will be for many democracies, starting with ours, a very important election year. And in all other countries subject to dictatorships, peoples are yearning for free elections. The whole of humanity thus seems to take control of its destiny.
The Greek financial crisis is neither Greek, nor financial anymore. It is a political crisis of Europe as a whole.
Many people have not yet realized that what is happening in Greece will, ultimately, influence the amount of pensions that many French receive or will receive in the coming decades: Indeed, a significant share of savings invested in life insurance is invested in European government bonds, considered the safest by insurers.
The battle between the two giants of the Net, which has accelerated this week, is revealing of a very important global issue.
While European and Japanese economies are getting stuck, burdened by the problems of their public debts, global growth is resuming; and could, if it were to continue to come in at a record pace, give them an unexpected solution.
