Essays & News

  Shadow banking has been gaining attention in the mainstream financial press in recent months, and although this sector is still largely unknown to most people, it has the potential to significantly impact them. The term “shadow banking” typically refers to non-bank financial intermediaries that offer credit and other banking-like services outside traditional regulatory and […]

  In January 2025, the United States and the European Union each announced new outbound investment screening measures. These aim to enhance efforts to safeguard vital sectors – such as technology and critical infrastructure – from potential exploitation by economic rivals, especially China. Outbound investment screening happens when governments regulate or restrict investments by domestic […]

  Only a few months into his second term, United States President Donald Trump is already shocking the American establishment, as well as politicians and media the world over. Even the conservatives and libertarians who supported him have been taken by surprise. Along with his advisor, entrepreneur Elon Musk, President Trump seems willing to profoundly […]

  Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax. … If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or in the form of borrowing. The thing you should keep […]

  Stock markets have dropped. This is not too concerning, as it comes after two years of rallying. The big tech stocks especially, such as Apple, Alphabet, Amazon and Tesla, were highly overvalued. The market works and corrects excesses. Other news might have a larger impact: a possible weakening of the United States dollar. It […]