Olivier

Klein

06.09.2025 3 min

ConjonctureTeaching

Is the Future of Democracies at Risk?

Democracy is under attack from autocracies. More worryingly, it is increasingly being questioned from within democratic nations themselves. At the very least, distrust toward...

05.15.2025 3 min

ConjonctureEconomical policy

THE FRENCH MODEL: FROM EXCESS TO NECESSARY RENEWAL

The European model, and especially the French one, of political, economic, and social regulation is undergoing a profound crisis. Under the pressure of its...

05.02.2025 2 min

ConjonctureEconomical policy

THE DOLLAR-BACKED STABLECOINS: A NEW STRATEGIC WEAPON FOR THE UNITED STATES

The United States has experienced a very sharp increase in its net external debt-to-GDP ratio, rising from about 20% to 80% between 2000 and...

04.11.2025 5 min

ConjonctureEconomical and financial crisis

Trump: Consistent Concerns, Inconsistent Actions?

Trump is right to be concerned about the unsustainable trajectory of U.S. public and external debts. Recent days have shown that financing these debts...

02.24.2025 3 min

ConjonctureBank

Europe : high time to wake up

If Europe wants to survive in a harsher world, it must stop seeing itself as the camp of righteousness and return to being a...

10.02.2024 7 min

ConjonctureEconomical policy

Should unconventional monetary policies become conventional? Review of quantitative easing.

Should we still label the monetary policies that have become part of the central banks' arsenal of tools as unconventional? To the point of...