0:22 – Introduction to the topics in the episode and special guest Georgi Demirev, founder of ocenime.bg, a site for analyzing the real estate market in Bulgaria. 02:27 – Financial news from Bulgaria 13:26 – Macro and Markets 22:25 – Fintech and alternative investments 31:27 – Interview with Georgi Demirev 31:41 - …
More »Ep. 7: Who is David Friedman and what is happening with the real estate market in our country?
01:55 - Who is David Friedman and what are his contributions to libertarianism? 18:37 - What is happening in the real estate market in Bulgaria? Is there a bubble? 34:00 - What will be the effects of increasingly strict regulations on construction? 44:03 - The insane escape from Sofia Central Prison. 48:30 - The file of Yulia Krasteva …
More »The construction boom is reaching pre-2008 levels.
Highlights: - Construction production accelerates sharply in January, reaching record levels for the last 10 years - Consumer inflation accelerates, that of industrial goods slows down - Housing lending continues to accelerate and also grows at record levels for the last years - Industrial sales and production grow by …
More »When will the Bitcoin bubble burst?
The bursting of the Bitcoin bubble will happen when the global economic situation begins to deteriorate. This was commented by the editor-in-chief of the Expert Club for Economics and Politics (EKIP) Georgi Vuldzhev on the “Investbook” show with host Dimitar Vuchev. “It is difficult to predict when this will happen, but considering that central banks are already tightening their …
More »Why cryptocurrencies won't replace gold
Mark Spitznagel, Mises.org With each new peak in the price of Bitcoin, claims that it will become the best store of value of our time – the new gold – become more and more frequent. However, we cannot ignore the fact that it is essentially a speculative investment …
More »The devaluation of the yuan – “market reform” or a desperate attempt to stimulate the economy?
In recent days, we have witnessed a sharp sell-off in global stocks. The negative trend in Asia, led by the stock market crash in China, has also spread to the capital markets in the US and Europe. The speculative bubble in the Chinese stock market is starting to deflate, and monetary authorities are doing everything they can to …
More »What's behind Britain's economic "recovery"?
Six years after the collapse of Lehman Brothers, the UK is one of the few developed economies to have managed to regain its pre-crisis level of output (measured by gross domestic product) and is even expected to be the fastest-growing economy among the G7 countries this year. In the third quarter …
More »What did we learn from the first Fed meeting with Yellen's participation?
The first meeting of the Federal Open Market Committee (FOMC) with the participation of the new Fed Chair Janet Yellen rather surprised the markets with Yellen's statement that within six months (i.e., March 2015 at the earliest) after the end of the current Fed program...
More »Is China facing a financial crisis?
Fears of a financial crisis in China have come to the fore again after, shortly before the end of 2013, 7-day interbank interest rates jumped to levels above 10% for the second time in the last 6 months. In response, the central bank intervened, injecting around …
More »The new Fed chairman or more of the same that doesn't work
As Ben Bernanke's term as Federal Reserve Chairman nears its end, the question of what the central bank's future policy will be is becoming increasingly pressing. Will Janet Yellen, President Obama's nominee to replace Bernanke, continue the Fed's current loose monetary policy, or can we expect a gradual withdrawal...
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EKIP– Expert Club for Economics and Politics A Different Opinion