0:23 – Introduction to the topics in the episode and special guest Alexander Karolev 04:33 – How was 2019 for the financial markets? 18:03 – What were our predictions for 2019? Which ones came true and which ones didn’t? 24:13 – Brexit 42:50 – What’s happening with the banking system? 49:40 – What’s happening …

It's Friday night. You're out with friends, enjoying a nice meal and a bottle of wine. Then comes the moment when you have to pay the bill and realize that not everyone has cash on hand. Until recently, you had to engage in a crazy conversation like "I'll give you 5 leva, …

At the end of 2019, instead of a market commentary on the last month, I think it is appropriate to do a more general overview of the economic and financial trends that we have observed over the past year. Such an overview is extremely valuable right now, because over the past year it has already become very clear that the economic cycle …

The management tradition of raising taxes under the radar has also reached local authorities. After Mayor Yordanka Fandakova hinted during the election campaign that they would not be raised in the capital, shortly after the start of her new term we were surprised with the news that GERB needs to raise nearly 40 million more...

After making a clumsy attempt to protect the hotel business from AIRBNB through categorization, politicians are trying a new blow. Menda Stoyanova and Valeri Simeonov have proposed a patent tax to be imposed on apartments advertised on the online platform. The bloodthirsty passion of politicians to protect their convenient business interests is once again showing. They are offering all sorts of burdens for …

Author: Frank Shostak, Mises.org It is widely believed that the resources that in normal times are used to generate economic prosperity are not used to their full capacity during recessions. Some experts argue that what is needed in such situations are policies that will increase the availability of credit …

On October 12, a roundtable was held with the participation of the state, private funds, and experts, which was supposed to decide what the rules should be for paying the first pensions from the second insurance pillar, which is due to be in 2021. Or at least that's what they expected from the Association of Private Pension Funds, …

Author: Yaroslav Romanchuk Translation: Marina Zaharieva The Deformation of the Capital Structure – a Volcano with a Wooden Lid (read the first part here) The main problem of the world economy since the late 2010s and early 2020s is the deformation of the capital structure. This problem is clearly, in detail and well-foundedly described by the Austrian …

Author: Andrew Moran, libertynation.com When any of the many bubbles burst – choose your poison – and the next financial crisis hits Wall Street and Main Street, how will governments and central banks react? They have already fired all their unconventional bullets, from negative interest rates to massive money printing …

0:22 – Introduction of the topics and the guest in the episode Desislav Vassilev, licensed investment consultant 02:40 – Financial news from Bulgaria 16:55 – Macro and Markets 25:45 – Fintech and alternative investments 30:51 – Interview with Desislav Vassilev 31:33 - In your experience as a financial consultant, what is your opinion …