What I See in Gold, Technological Reserves, and the Future of the Financial Order

I increasingly feel that we are standing at a historic turning point in global finance. Gold and digital assets are beginning to replace part of the dollar’s role, and the international reserve system is experiencing its deepest fracture in three decades. This is not just another market cycle. it is an irreversible transformation. The Return … Continue reading What I See in Gold, Technological Reserves, and the Future of the Financial Order →

Economic Analysis of the European Pension Crisis: Structural Challenges and Inevitable Fiscal and Social Pressures

The pension entitlements of households in the European Union (EU) and European Free Trade Association (EFTA) countries, expressed as a percentage of Gross Domestic Product (GDP), can be categorized into private/funded pensions and unfunded pensions. Unfunded pensions primarily refer to retirement obligations promised by governments without pre-allocated reserves, relying on a pay-as-you-go (PAYG) system funded … Continue reading Economic Analysis of the European Pension Crisis: Structural Challenges and Inevitable Fiscal and Social Pressures →

The ECB’s €7.9 Billion Loss: What Does It Mean for You?

Recently, the European Central Bank (ECB) announced a €7.9 billion loss for 2024—a significant figure that raises concerns about the eurozone’s financial stability. But what led to this loss? How will the ECB manage it? And most importantly, how does this affect everyday people? Let’s break it down in a clear and straightforward way. Why … Continue reading The ECB’s €7.9 Billion Loss: What Does It Mean for You? →