by John E. Charalambakis | Mar 23, 2013 | Commentaries
The unfolding events – by the hour – in Cyprus shine light to a historical precedent: When the next crisis comes around bank deposits may not be spared. This is presented to the public as a “just” decision due to the Cypriot “banking sins”. We will be exploring...
by John E. Charalambakis | Mar 17, 2013 | Commentaries
In Dante’s Inferno, the poet is guided in the underworld by the great Roman poet Virgil. As he enters the gate of Hell (Inferno) the inscription reads “Lasciate ogne speranza, voi ch’intrate” i.e. “abandon all hope those who enter”. It seems that the EU leaders...
by John E. Charalambakis | Mar 5, 2013 | Commentaries
Objective: The energy independence of Europe, the containment of China in Africa, and the development of African assets Goal: Breaking the energy ties between Russia and Europe, limiting the transfer of operational assets from African nations to China, and the...
by John E. Charalambakis | Feb 28, 2013 | Commentaries
The dream became a nightmare for both Greece and Cyprus. Who is to be blamed for this? The purpose of this brief is not to present an outline for all the causes. The objective is to identify the root parallels that have created a universe of uncertainty for both...
by John E. Charalambakis | Feb 24, 2013 | Commentaries
There were three events last week that paved the way forward for the markets, namely: The minutes of the Federal Reserve Bank that exhibited some reservation about continuing accommodative monetary policy; the downgrading of the British economy from its AAA status by...
by John E. Charalambakis | Feb 15, 2013 | Commentaries
In this week’s commentary we will briefly show how the buffer zones created by the world’s central banks are expected to result in above (recent) trend growth due to the fact that liquidity provisions are expected to boost lending ratios primarily in the US and...