Crisis Archives - IREF Europe

Venezuela Is Not a Victim of Sanctions—It’s a Victim of Its Own Policies

Mohamed Moutii — Wed, 04 Feb 2026 05:26:01 +0000

Few economic collapses in modern history have been as dramatic, prolonged, and devastating as Venezuela’s. Once the wealthiest country in Latin America, endowed with the world’s largest proven oil reserves,…

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Government interventions and over-borrowing have prepared the way for a re-run of the Global Financial Crisis

Bob Lyddon — Wed, 19 Jun 2024 04:23:45 +0000

Introduction We recently wrote that the enormous losses being handed to taxpayers by Western central banks were in effect the second part of the same bill for the Global Financial…

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Taxpayer bailouts of central banks and after the Global Financial Crisis

Bob Lyddon — Wed, 05 Jun 2024 03:41:13 +0000

Introduction Governments made major interventions to shore up the financial system during the Global Financial Crisis, which lasted from 2007 until the end of the Eurozone crisis in 2012. These…

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Bubbles

Sergio Beraldo — Wed, 11 Oct 2023 03:42:08 +0000

Speculative bubbles are not the product of irrational behaviour, as many tend to believe. When the price increase of given sets of goods or assets (bitcoins, tulip bulbs, houses, stocks)…

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Banks Bailouts are back: Why we should let troubled banks fail

Mohamed Moutii — Wed, 14 Jun 2023 06:03:14 +0000

Since the beginning of March, US regulators have closed and sold three banks: Silicon Valley Bank, Signature Bank and First Republic. The failures are the biggest to hit the US…

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Bank Resolution Is Dead: Authorities Dare not Use it – and instead Risk Destroying Capital Markets

Bob Lyddon — Wed, 29 Mar 2023 05:01:15 +0000

The template created after the Global Financial Crisis of 2007/8 to shield taxpayers from direct bailouts of failed banks has already folded – authorities dare not use it. The template…

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EU Energy Markets: Are there any market failures out there to be fixed?

IREF — Tue, 14 Mar 2023 11:21:56 +0000

This important topic will be discussed in a talk by the IREF scholar Patricia Commun. Register here for an insightful discussion. The event will take place at the Anglo-American University…

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FTX Could Be ‘Game Over’ for Central Bank Digital Currency and for Other Dominos

Bob Lyddon — Wed, 23 Nov 2022 07:07:04 +0000

Up until recently, the proponents of the cluster of financial developments around the Great Re-Set, Decentralized Finance, Central Bank Digital Currency, Financial Inclusion, Fintech, Open Banking et al have had…

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‘Liability Driven Investment’ explained: the first bailout of the new Global Financial Crisis

Bob Lyddon — Fri, 21 Oct 2022 05:28:09 +0000

‘Liability Driven Investment’ or ‘LDI’ is both a nonsense and a truism, and is now a byword for a disaster in the UK financial system. Here is what happened. As…

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EXPENSIVE FEEL-GOOD POLICY IN THE CRISIS

Kalle Kappner — Wed, 08 Jun 2022 09:56:07 +0000

Corona bonuses for the public sector, mask vouchers for pensioners, and state-subsidized family vacations – feel-good policies are making a big comeback in the wake of the pandemic. However, the administrative, marketing, and procurement…

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