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 …

The biggest threat to the integrity and the general meaning of the second pillar of pension insurance are the ideas to make it more "social" or "solidarity" on the model of the first (state) pillar. We must never forget that, in theory, the state and private pillars of mandatory pension insurance should complement each other. One …

To answer this question, we must first answer the opposite - what are the great successes of the Transition? Because, somewhat paradoxically, its greatest successes also contain its greatest failures. The Transition in Bulgaria actually occurred only in 1997, after a period of severe economic cataclysm. The fact that ...

This week, a huge hysteria broke out in the public sphere regarding the payment of "second" pensions from mandatory private pension funds. It became clear that the amount of the combination of state and private pension may turn out to be less than if you take only the state one. And because no one explained what it actually …

Half of the largest banks in the Eurozone would not survive more than 6 months in a liquidity shortage in the market Germany's GDP rose by only 0.1% in the third quarter compared to the second quarter of this year Stock market indices are performing well despite the problems in the real economy of Europe Pension fund yields …

(Click on the infographic for a larger size) Source: NSI Comment The latest NSI data show that industrial production fell for the fourth consecutive month in September by 0.14% year-on-year. It is noticeable that the decline is slowing, so we may see some growth in October, but we doubt that this …

Extremely quickly and without almost any in-depth discussions, the 2020 Budget was adopted on first reading this week. We cannot help but be left with the impression that the budget for next year was very much overrun. And it shouldn't be, especially considering that this year the economic …

Author: György Matolcsy, Governor of the Central Bank of Hungary It is time to find a way out of the euro trap. There is a harmful dogma that the euro is the "natural" next step towards the unification of Western Europe. But the common European currency was not natural at all, because almost none of the conditions for its establishment were …

0:24 – Introduction to the topics in the episode and guest Nikolay Vassilev, Managing Partner at Expat Capital, former Deputy Prime Minister of Bulgaria. 02:00 – News from Bulgaria 16:45 – Macro and Markets 25:45 – Fintech news 34:20 – Interview with Nikolay Vassilev 35:50 – Why after a career in investment banking and …