Hervé de Carmoy

• The European Union, the United States, and China : how will these relationships evolve ?
  30 august 2009
• China / The United States, will they lead the world
  11 may 2009 – La Tribune (French Daily Newspaper)
• Are we at the end of a crisis, or is it a crisis without an end?
  22 april 2009
• Nature of the financial crisis
  24 november 2008
• Will the USA remain the center of the financial world?
  18 november 2008
• Financial crisis, economic crisis, the same fight?
  6 november 2008 - La Tribune (French Daily Newspaper)
• The financial crisis: the reality is beyond any fiction.
  3 october 2008 - Les Echos (French Economical Newspaper)
• America back in its den!
  20 May 2008 – La Tribune (French Daily Newspaper)
• Necessary transformation of the French military capacity.
  24 April 2008 – Le Figaro (French Daily Newspaper)
• In order to deal with the financial crisis, should one change the strategy or the bankers?
  12 February 2008 – Le Figaro & La Tribune (Two French Daily Newspaper)

Paris, 22 april 2009

The financial crisis which has cost Western banks 2 to 3 trillion dollars is at the root of the economic crisis.

The reason is simple: major banks have lost a significant part if not all of their equity. And they must rebuilt their network in order to be able to lend to consumer and to the industrial sector.

This will require many years of hard work and massive help from governments.

Until this has been done economic growth will be negligible or even negative.

See the entire editorial in the French version.

Hervé de Carmoy

• The European Union, the United States, and China : how will these relationships evolve ?
  30 august 2009
• China / The United States, will they lead the world
  11 may 2009 – La Tribune (French Daily Newspaper)
• Are we at the end of a crisis, or is it a crisis without an end?
  22 april 2009
• Nature of the financial crisis
  24 november 2008
• Will the USA remain the center of the financial world?
  18 november 2008
• Financial crisis, economic crisis, the same fight?
  6 november 2008 - La Tribune (French Daily Newspaper)
• The financial crisis: the reality is beyond any fiction.
  3 october 2008 - Les Echos (French Economical Newspaper)
• America back in its den!
  20 May 2008 – La Tribune (French Daily Newspaper)
• Necessary transformation of the French military capacity.
  24 April 2008 – Le Figaro (French Daily Newspaper)
• In order to deal with the financial crisis, should one change the strategy or the bankers?
  12 February 2008 – Le Figaro & La Tribune (Two French Daily Newspaper)