2014, SOME TRANSITION BUDGETS

Article published in Diario de Avisos by José Alberto León Alonso on 10/6/13. The Government has presented the draft General State Budget for 2014. The Budget is considered the most important law that a government enacts in a year and determines its policy in most areas. The usual thing every […]

THE NEXT BUBBLE

Article published by José Alberto León Alonso on 09/29/13 in Diario de Avisos. We have not yet emerged from the crisis caused by the last financial bubble when the bursting of others is already on the horizon.  The reaction of the authorities to the bursting of a bubble, “watering” the markets with cheap money and […]

5 YEARS LATER, WE HAVE LEARNED NOTHING

Article published by José Alberto León Alonso on 09/22/13 in Diario de Avisos. Five years after the collapse of Lehman Brothers sparked the biggest global financial crisis since the Great Depression, nothing seems to have been effectively resolved. Oversized banking sectors have wrecked the economies of Ireland, Iceland and Cyprus. The banks […]