Category Archive: 2) Swiss and European Macro

Main Author George Dorgan
George Dorgan
George Dorgan (penname) predicted the end of the EUR/CHF peg at the CFA Society and at many occasions on SeekingAlpha.com and on this blog. Several Swiss and international financial advisors support the site. These firms aim to deliver independent advice from the often misleading mainstream of banks and asset managers. George is FinTech entrepreneur, financial author and alternative economist. He speak seven languages fluently.

Heiner Flassbeck – Handelt jetzt! Das globale Manifest zur Rettung der Wirtschaft

Handelt jetzt! Das globale Manifest zur Rettung der Wirtschaft Heiner Flassbeck, Paul Davidson, James K. Galbraith, Richard Koo, Jayati Ghosh Es muss sich etwas ändern. Jetzt! Sofort! Fünf der weltweit wichtigsten und anerkanntesten Ökonomen fordern mit ihrem Manifest eine internationale Zusammenarbeit ein, die für die Teilhabe aller Menschen am Fortschritt sorgt und die strikt am …

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March Swiss Inflation Up 0.2 percent MoM, Down -0.6 percent YoY

Swiss inflation edged up 0.2% MoM when seasonal effects on clothes and footware were corrected. On a year basis, the CPI fell by 0.6%. Major reason were the falling energy prices, details

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Peter Bofinger on Eurocrisis: Is there already light at the end of tunnel?

About the Speech: In his presentation to the IIEA, Professor Bofinger will examine recent and forthcoming reforms and developments in the European economy. He will consider the prospect of a European recovery and the end to the Eurocrisis. About the Speaker: Since March 2004, Peter Bofinger has been a member of the German Council of …

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Heiner Flassbeck: Ohne systematische Lösung zerstört man den Euro Tipp: NachDenkSeiten.de

Quelle: http://www.nachdenkseiten.de/?p=16714#h04 Quelle: http://www.dradio.de/dlf/sendungen/interview_dlf/2058371/

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The Transfer Union from South to North since 2008: Wolfgang Schäuble, the Evil Genius of the Euro Crisis

Wolfgang Schäuble has become the evil genius of the euro crisis. He has understood that the Cyprus crisis won't lead to a bank-run and collapse of capital markets. We all know that the US is now recovering.

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European Wealth Reports: Why “Median” Italians are Far Richer than Germans

We explain why according to the European wealth reports "median" Italians are more wealthy than Germans. The main reasons are high savings and accumulation of wealth for the average family until the 1990s, often invested in homes and real estate. Low ECB interest rates finally let the value of the home rise strongly.

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Swiss Economic Indicators, March 2013

  Switzerland continues to see a robust economy, even if the leading KOF indicator fell to 0.99 after highs of 1.68 in September. On other side, real and nominal wages continue to increase. As opposed to the KOF value, the UBS consumption indicator is rising. This shows that the internal economy is able to balance … Continue...

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Dijsselbloem: The End of the Bankers’ and Bond Holders’ Moral Hazard

We have insisted in several posts that the northern euro zone is very reluctant to continuously bail out the periphery and in particular its banks. The euro group chief Dijsselbloem has confirmed this now.

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Frank Schäffler: Euro – quo vadis?

25.03.2013 Zu Vortrag und Diskussion mit Frank Schäffler am 25.03.2013 hatte die Sektion Kassel der Gesellschaft für Wehr- und Sicherheitspolitik e.V., http://www.gfw-kassel.de, eingeladen: »Zu Gast ist der Kritiker des derzeigen Euro-Kurses MdB Frank Schäffler. Schäffler bekam unlängst von Bundestagspräsidenten Lammert neben der Fraktionsliste zusätzliche Redezeit im Parlament und wird in den Medien als “EURO-Rebell” bezeichnet....

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Cyprus, the Final Compromise: The Winners and the Losers

 UPDATE March 25 The final compromise: via Reuters TOP NEWS Detail of EU/IMF bailout agreement with Cyprus Sun, Mar 24 22:19 PM EDT BRUSSELS (Reuters) – Cyprus clinched a last-ditch deal with international lenders on Monday for a 10 billion euro ($13 billion) bailout that will shut down its second largest bank and inflict heavy …

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Cyprus: The initial compromise and reactions

The initial compromise The Cyprus compromise combines a 10 billion € bailout with European, basically German tax-payers money, that also obliges rich account owners (9.9% levy) – rich Russians and Brits – and poorer account owners (6.75% levy) – Cypriot tax-payers money – to take part in the deal. Initial reactions from Zerohedge over Keynesian mainstream …

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Cyprus Levy on Deposits: New Escalation or Final Stage of Euro Crisis?

Nicosia will impose a 9.9 percent one-off levy on deposits above 100,000 euros in Cypriot banks. This constitutes maybe the final stage of the euro crisis, with the very  last country to be rescued. Or will it be a new escalation and may be the most dangerous one, a bank-run? How many Cyprus clients managed …

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Difference between Eurozone and Swiss Inflation Rates Continues to Shrink

The gap has fallen from 3.7% in February 2012 to 2.1%. Swiss CPI is rising on monthly basis, but still negative with 0.3% YoY.

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Credit Suisse Study: Swiss Real Estate Market Needs Higher Rates

A new study by Credit Suisse claims that the SNB needs to hike interest rates in order to avoid excessive risk taking in real estate markets; in particular around the centers of Geneva and Zurich, but also in the Southern Swiss cantons with lower income, but high real estate prices.

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A Century Of French And Italian Economic Decline

Italy overtook Japan with the worst real GDP growth of all advanced economies since 1991 (0.79% per year, an amazing and sad distinction). Italians and French are clearly getting tired of austerity.

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The ABC of stock selection

In this video Alexandre Tavazzi, Head of Equity Research, explains the 3 key fundamentals driving efficient and rational stock selection.

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Das beeindruckende Comeback Berlusconis.

Wir sind beeindruckt von dem Leitartikel der Weltwoche, der doch ganz unserem Gedankengut entsprochen hat. Der deutsche Kanzlerkandidat Steinbrück hat der deutschen Demokratieverachtung und EU-treuen Überheblichkeit dann noch das i-Tüpfelchen hinzugefügt. “Zwei Clowns haben gewonnen.“   Von Roger Köppel, Die Weltwoche Demokratie ist, wenn es anders herauskommt, als Meinungsführer, Journalisten und tonangebende Politiker gedacht...

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Über die Arroganz und Demokratiefeindlichkeit der deutschen und Schweizer Medien

Deutsche und Schweizer Medien sind oft vereint mit den Europäischen Leadern, Deutschen Exporteuren und den Finanzmärkten im Kampf gegen den gemeinsamen Feind, Silvio Berlusconi, das Enfant Terrible, das Gegenteil der Schweizer Bescheidenheit- und “Bloss nicht zu laut”-Etikette. Berlusconi soll Schuld sein am Abstieg Italiens seit den 90igern, obwohl auch die Linke mit Romani Prodi zweimal …

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