Macro-economic Trends 3 | MachinaTrader.com

Surprising Forecasts for 2024: Saudi Arabia Secures Champions League Rights, US Capitalism Faces an Uncertain Future, and Robert F. Kennedy Jr. Emerges as Presidential Victor

The Danish bank, Saxo Bank, has once again released its “outrageous predictions” for the upcoming year. These predictions, which are not endorsed by the bank, focus on unlikely events that would have a significant impact on the financial markets.According to Saxo Bank’s analysts, Saudi Arabia will acquire the rights to the Champions League, the price […]

Surprising Forecasts for 2024: Saudi Arabia Secures Champions League Rights, US Capitalism Faces an Uncertain Future, and Robert F. Kennedy Jr. Emerges as Presidential Victor

Property Transfer Slows Down as Baby Boomers Hold on to Large Homes and Apartments

Switzerland, one of the wealthiest countries in the world, has a relatively low homeownership rate compared to the European Union and the United States. Only about 36% of the population owns their own home, with the majority being renters. However, this statistic varies significantly across age groups. Among individuals aged 25 to 64, only slightly […]

Property Transfer Slows Down as Baby Boomers Hold on to Large Homes and Apartments

Former US Secretary of State Henry Kissinger’s Close Friendship with Swiss Banker

Henry Kissinger, the former US Secretary of State, shared a close friendship with Robert Holzach, a prominent figure in the Swiss banking industry. Holzach, who held positions as the chairman and later the president of the Swiss Bank Corporation (now UBS), deeply impressed Kissinger with his unwavering commitment to democracy and integrity within the business […]

Argentina Elects Bitcoin Advocate Javier Milei as President, Sparking Economic Reform Discussions

Javier Milei’s victory in the Argentine presidential election has sparked discussions about the role of Bitcoin in the country’s economic reform. Milei, a strong advocate for Bitcoin and a critic of central banks, has brought optimism to the cryptocurrency market. After his win, the price of Bitcoin immediately rose by 3% to $37,302. Milei’s triumph […]

The Evolution of Financial Tools: From Credit Cards to Online Banking

Modern credit cards were invented in the 1950s but took time to gain widespread adoption. It wasn’t until the 1970s that clear rules for fair lending were established, eliminating discrimination. Despite initial skepticism and high levels of defaulting, consumer trust in credit cards gradually grew through regulatory oversight and value-added services. This paved the way […]

Bitcoin: A Solution to Lebanon’s Financial Crisis

Michael J. Saylor, co-founder of Microstrategy, believes that Bitcoin (BTC) could be the solution to Lebanon’s financial crisis. The country’s currency has lost 96% of its value against the US Dollar, leading to hyperinflation and banks imposing restrictions on dollar withdrawals. Saylor claims that commercial banks have failed Lebanon, and he sees Bitcoin as a […]

Challenges Persist: Swiss Labor Market Faces Low Wages and Skill Shortages

The Swiss labor market is grappling with stagnant wages and a scarcity of skilled workers. Despite concerns from Swiss companies about a lack of workforce, wages have remained stagnant for an extended period. This goes against the principles of supply and demand, which suggest that limited resources should command higher prices. However, a recent UBS […]

Bitcoin: A Solution to Lebanon’s Financial Crisis

Michael J. Saylor, co-founder of Microstrategy, has expressed his belief that Bitcoin could be the solution to Lebanon’s financial crisis. The country’s currency has lost a staggering 96% of its value against the US Dollar, leading to anarchy and hyperinflation. Saylor claims that commercial banks have failed Lebanon, and digital assets like Bitcoin offer a […]