Radu Craciun

The vernacular of those who deal in or broker investments cynically talks about “smart money” and “dumb money”. The former is managed by savvy professionals presumably able to take the best decisions regarding the amounts that they invest. Their choice of financial instruments is always substantiated, they correctly assess the return to risk ratio and […]

At the end of 2016 I put forward an idea that the intervening years has increasingly reinforced. It is, moreover, an idea that is strongly re-emerging as the world is being reshaped in the wake of the pandemic. I am referring here to the clash that this century is about to experience, a war which […]

Most often than not, global crises force humanity into change, greatly stepping up processes that were rather slow to develop. At this point in time, also, developments that initially would have taken decades to complete will be moving into top gear with major effects in just a matter of years. From this perspective, it is […]

I recently posted an unorthodox talk with the chief-economist of the Romanian National Bank, Valentin Lazea, when we agreed that the world’s economic development model was no longer sustainable. As a result, economic theories need to radically change and focus on GDP per capita growth and not just GDP growth. Neither does human civilization stand a […]

This is the question on everybody’s lips with the 2008 financial crisis still lingering in our mind. Not only did the stock market experience a similar dive over the past days but it has actually exceeded the scale of the previous crisis. On Thursday, March 12, the US Dow Jones and S&P 500 stock indices […]