Essays & News

Public debt levels are rising throughout the developed world, with economies bordering on stagflation as politicians prefer short-term giveaways to long-term fixes. Since the turn of the century, the amount of public debt relative to gross domestic product (GDP) in developed economies has surged to highwater marks not seen since the turmoil of World War […]

  “The press does not tell us what to think, it tells us what to think about.” This phrase by Walter Lippmann (1889-1974), a pioneer of ethical journalism, captures the essence of the media’s role in society. Free media is essential in a free society, providing citizens with the information they need to make enlightened […]

  All 31 major U.S. banks passed the 2024 Federal Reserve stress tests -> Many believe the tests are overly optimistic and fail to capture realistic risks -> The assessment neglects the vulnerability of smaller regional banks   In June, the international financial press was excited to share some “great news” from the United States: […]

  Two major summits took place concurrently during the last weekend of October: the International Monetary Fund (IMF) meeting in Washington, D.C., and the BRICS summit in Kazan, Russia. The IMF marked its 80th anniversary, having been established alongside the World Bank at the 1944 Bretton Woods conference, where the global financial system was rebuilt around the United States dollar. […]

ECAEF President and Geopolitical Intelligence Services founder and chairman Prince Michael of Liechtenstein conducted this interview with German entrepreneur Andrea Thoma-Boeck, founder and president of the Initiative Zukunft Wirtschaft Deutschland e.V. (IZW), on the root causes of her country’s economic trouble and the necessary solutions.    Germany, the fifth-largest global economy and by far the largest […]