The Head Against The (Debt) Wall
Quentin Toulemonde This week, my attention was drawn to the publication of the latest report by the French National Institute of Statistics and Economic Studies (INSEE), which revealed that the government’s public…
bankruptcy
Unreal Estate
My eye was drawn this week to an article in Le Figaro that spanned two pages, describing the current difficulties faced by the office real estate sector in France’s Ile…
Credit or Treat
In June of this year, the US Senate reached a last-minute agreement to raise the nation’s debt ceiling, previously capped at a staggering $31.4 trillion. This adjustment allows the government…
Dancing on a volcano
We have been going through a paradoxical economic period for several months now. At first glance, the situation in many developed countries has never seemed so good, with historically low…
Running out of ‘Credit’
On Friday evening I started writing about what I perceived to be last week’s hot topic, aka Microsoft’s release of its Copilot suite powered by GPT4, which I am convinced…
SVB – It’s a perfect (mis)match
The economic news was dominated this week by the resounding bankruptcy of the Silicon Valley Bank (SVB), a bank based, as its name may suggest, in California. More than the…