January Bulgaria formally adopts the euro, with its GDP now exceeding that of Luxembourg. The symbolic meaning of eurozone expansion often outweighs the economic substance itself. Greg Abel becomes CEO of Berkshire Hathaway, with Warren Buffett remaining as chairman — for the first time, I genuinely feel that the Buffett era is entering its countdown. … Continue reading 2026 | Events I Am Paying Attention To
A Long Reflection on Civilizational Self-Anesthesia and Institutional Torpor I increasingly feel that Europe’s backwardness in digital payments is not the result of missing technology, insufficient resources, or a lack of talent. The real cause lies deeper, more abstractly, and in ways Europeans themselves hesitate to admit: it is the outcome of a civilization that … Continue reading Why Has Europe Fallen Asleep on Digital Payments?
As I reflect on the past fifteen years of Eurozone turbulence, one truth unsettles me deeply: the European Central Bank has transformed from a market stabilizer into the ultimate arbiter of sovereign credit, nowhere more evident than in France, the Eurozone’s heart. In 2025, we’re not facing a Greek style debt collapse, but a quieter, … Continue reading A Personal Reflection on the ECB’s Role as Sovereign Arbiter in 2025
The more I think about it, the more I feel we are trapped in a “gaze” dilemma: policymakers look at aggregates, curves, and quarterly reports, yet fail to see the expressions on neighborhood streets, the processes inside factories, or the queues in schools and clinics. The EU’s original promise was the Four Freedoms, free movement … Continue reading From Freedom to Demography: How Europe Lost Sight of Its Own Promise
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