08 26 2019 | by Victor Xing | Economics
All articles 199
07 12 2019 | by Victor Xing | Capital Markets
Kekselias portfolio one-year return: 51.5%
02 27 2019 | by Victor Xing | Economics
Common catalyst for progressive and conservative populism
12 09 2018 | by Victor Xing | Capital Markets
Kekselias performance review: 1.31% YTD total return
10 14 2018 | by Victor Xing | Capital Markets
Roundabout path in the snap-back of long-term bond yields
09 23 2018 | by Victor Xing | Central Banks
Calm before the storm as quantitative tightening looms
05 20 2018 | by Victor Xing | Central Banks
Alternative narrative on the natural rate of interest
01 07 2018 | by Victor Xing | Capital Markets
Flatter yield curve a symptom of ineffective tightening
12 04 2017 | by Victor Xing | Central Banks
Bond market term premium and wolves of Yellowstone
10 17 2017 | by Victor Xing | Capital Markets
How we learned to stop worrying and love the “fake markets”
10 05 2015 | by Victor Xing | Economics
How essential was Germany to the creation of the European Union?
The EU of today came from several predecessor organizations, including the European Economic Community (please see the timeline shaded in green).
The European Economic Community was conceived to be not only an economic force, but also a political one. Konrad Adenauer, West Germany’s first chancellor was a lead signatory of the EEC and a supporter behind an French idea of European “Third Force.”
Adenauer was deeply shocked by the Soviet threat of nuclear strikes against Britain and France, and even more by the apparent quiescent American response to the Soviet threat of nuclear annihilation against two of NATO’s key members. As a result, Adenauer became more interested in the French idea of a European “Third Force” in the Cold War as an alternative security policy. This helped to lead to the formation of the European Economic Community in 1957, which was intended to be the foundation stone of the European “Third Force”.
Germany and France were the driving forces behind European integration on the following years, despite the two countries disagree deeply on issues such as deficit spending and prudent macroeconomic policies. The European Central Bank is headquartered in Frankfurt on Germany’s insistence to “make sure” risk of hyperinflation would never rise again.
Germany is so integrated into the entire exercise that an exit would likely signal the end of the currency union.
Next article10 04 2015 | by Victor Xing | Economics