Posts by Daniel Fernández
US Companies’ Earnings Plummet
US companies see their profits fall by 10 percent in two quarters
Read MoreNobel Prize in Economics 2022: The Failures of the Diamond-Dybvig Model
The Nobel Prize in Economics is becoming increasingly politicized
Read MoreNobel Prize in Economics 2022: A Guide for Dummies
A quick guide to understand the Diamond-Dybvig model of two of the three recent Nobel Prize winners
Read MoreA Guide to the UK Financial Panic
The 2022 recession claims its first victim: the UK financial sector
Read MoreThe United States Enters a Recession
The world’s largest economy enters a recession as orthodox economists try to change the definition of recession
Read MoreBanking Panic in China
China’s real estate bubble is bursting, and its banks are feeling the effects
Read MoreEl Salvador and Bitcoin: A Love-Hate Story
El Salvador’s affair with Bitcoin has only one purpose: to avoid sovereign bankruptcy
Read MoreThe Fed Considers a Recession Possible in 2022
Turbulence is looming for the world economy. Even the Fed has indicated that a recession is possible in its forecasts
Read MoreFinancial Crypto Panic
The world of cryptocurrencies is undergoing its own kind of bank run
Read MoreTether Collapses, and Alarm Bells Ring in the Crypto World
The biggest stablecoin in the market breaks its peg to the dollar
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