AfterMath

The Uncertainties of Tomorrow Today's world economy is living a big uncertainty about it's tomorrow. Looking to everything happaning, a questions is made: will the euro survive? So, according to what we have seen after the Brexit, it seams that the euro will survive, but, it is still an uncertainty. For how long? It is also an uncertainty. How? For me it is another uncertainty. The collapse of the euro, threatens the existence of the EU. This is something that make me believe that euro is a political and not an economic decision. Once again. Lets look arround what is happening with the euro crisis. The Greece case, for example. Greece do not have how to pay its debts, and they came with a debt restructuring as solution, when some actions were pointig for a Grexit (during the negociation some of the greece Ministers set as hypothesis the EU abandon of greece ). Why did not they leave Greece make such choice of leaving the EU and the Euro Zone? The answer for

Euro, The European Union Atomic Bomb “The Euro is a mistake”  by JOSEPH STIGLITZ, winner of THE NOBEL PRIZE Some Economists, such as Stiglitz and Krugman, believe that the euro was an experiment. Just like the fukushima atomic bomb, the euro creators did not measure, because they could not know, the effects of having a common or a single currency, “The Euro” . Even though, they still went ahead with the idea.  In the beginning it appeared to be working. The US economists had always been defending that the euro would not work. They belieaved that the decision of adopting the euro as a common currency, was more a political than an economic decision. Stiglitz argues that some of  the objectives of the  Maastricht Treaty, have not economic basis. For instance, the limit of the government deficits of 3%. Stiglitz, by pointing first the Euro, and sencondly the European institutions dysfunction (which Piketty also agree) as the two problems that Europe growth faces, provide a

We Are The OPEC And We Want The Triple-Digit Oil Prices Back The probabilities of the oil price to reach again the triple-digit, were very close to zero, according to the scenario that the Cartel (OPEC) was facing. In the same order of the article that I´ve published last year, 5th December 2016, O DESAFIO DA OPEP (The OPEC Challenge), where I´ve clearly shown my position concerning the Oil Price issue, I´ll try to make an analysis of the actual situation. One, firstly, concluded that the decision of reducing the oil production would lead to an increase in the oil price in the short run. But, not in the long run.   After the OPEC decision of reducing the oil production, we saw the oil market reacting by the pushing up of the  oil price. “ Today, 09/01/2017, the oil price jumped to 52.62 usd per barrel, from 49.18 usd per barrel at 09/10/2016” (Note that the higher oil price today was 53,74 usd. source: www.plus500.pt ). It looks like the objective was attained. For sure, if i