The Italian Story: Easy Math, Somewhat Complicated Economics, Extremely Complex Politics

In recent weeks I have been covering the current Italian stalemate with the European Union regarding the Mediterranean country’s 2019 budget. Its targeted 2.4% fiscal deficit as a share of its GDP is three...

Italy must ask Turkey if it really should wish to have its own lira...

My proprietary net positive scoring (NPS) process has in recent weeks ranked both Turkey and Italy somewhat surprisingly well. In the last few days, however, the scores have diverged, and markets seem to be...

Circular Economy is the solution for a sustainable future

The concept of Circular economy is a relatively new one but has gained a lot of traction in recent years with the World moving away from the perishable and finite resources like coal, gasoline...

Decentralization, Diversification, and Antifragility

When asked in 1997 to single out some of the biggest challenges facing modern businesses, Tom Peters and Robert Waterman, authors of “In Search of Excellence”, both placed ‘decentralization’ as one of the toughest...