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AB 2000 studies

Alain Boublil Blog

   

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Europe : the true answer

2016 will be, in Europe, a critical year but not for the reasons we think. A Brexit is unlikely. To gamble with the idea in a poll or at the Commons, in order to show his dissatisfaction is one thing, to risk to destabilize the economy of his country is a different thing. The City relies on the implantation of international banks and a lot of non European enterprises have chosen England as an entry point to Europe. Its deficit financing depends on foreign investors. Electors begin to be aware of these realities. Prime Minister Cameron knows it. But, in ...

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6.9% : China economic growth in 2015

Everyone should be happy with such a result which contrasts with the doubts affecting the durability of U.S. growth, the feeble rebound in Europe and the secular stagnation in Japan. But it’s not the case. This 6.9% figure is immediately accompanied with the following comment: “the worst achievement in 25 years”. China GDP has reached, in 2015, a level near 11 000 billions dollars. Year on year, production  has risen by almost 700 billions dollars, roughly a third of French GDP, whose increase, last year, was as little as 20 billions dollars. But any news coming from ...

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What is the central banks role today?

The most significant change occurred during the last twenty years on the economic scene has been the growing importance, not to say the omnipresence, taken by central banks. We are watching, every quarter, what the Federal Reserve is about to decide regarding interest rates, we relied on ECB to save euro, Shinzo Abe has put all his hopes on Bank of Japan to boost the economy which is stagnating for twenty years and, in Beijing, Governor Xiaochuan decisions are considered as being at the origin of the disorders which have affected Shanghai stock exchange and which had impacts on the ...

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