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Cookie Policy – Website / Newsletter
1. Cookies are small files, i.e. software, containing information that a website (in particular, the web server) stores in a user's computer so that every time the user logs on to the website the website recovers the information and provides the user with the relevant services.
2. MacroPolis IKE (hereinafter “the Company”) uses persistent or/and session cookies via its operating system (Toolip).

Current Account Deficits and Safe Assets

The International Monetary Fund has issued its External Sector Report for 2017, and among its key findings: “Global current account imbalances were broadly unchanged in 2016…” The U,S. continues to record the largest deficit, $451.7 billion, which is equal in value to 2.4% of U.S. GDP. The continuing deficits contribute to the increase in the […]

A New Banking Crisis?

Bad Numbers Today, there are over $3 trillion in stressed loan assets, compared to around $1 trillion of US sub-prime loans which was the catalyst for the 2008/2009 crisis. The World Bank estimates the ratio of non-performing loans (“NPLs”) to total gross loans is comparable the 2009 levels of 4.2% in 2009. Several loci of […]

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