Digital Currencies, T.S. Eliot, and the Land of Endless Money: Part II
In our August 10th commentary we touched on the parallels between T.S. Eliot’s poem Waste Land and the rehypothecation of assets/bonds (a dangerous endeavor that could undermine financial stability). Furthermore, the subliminal statecraft messages derived from T.S....T.S. Eliot in the Land of Endless Money, Rehypothecation, and Crises: Part I
We all have heard the parallels between the Covid-19 crisis and war. Close to eighteen months after we started being concerned about the possibility of the pandemic, Cicero’s words that “endless money forms the sinews of war” come to mind. War and wasteland go...Avoiding a Prato Day in the Markets: The Day Machiavelli Comprehended Aristotle’s Notion of the One, the Few, and the Many
Machiavelli stood in one of the corners of the famous square convinced that nothing fails like success. The calendar read May 23, 1498. Outside Florence’s city hall – the famous Palazzo della Signiora – a long scaffold had been built. A great throng of people had...Economic & Market Outlook, Mid-Year 2021
John E. Charalambakis, Mohamed Ramzi Roshdi, Nicolas Abdelhak, & Eleni Buss As we look ahead towards assessing the markets’ outlook for the remainder of 2021, we have split our analysis into sections as discussed below. We begin with an overall macroeconomic...Sign Up for Our Publications
