Articles by Roberto Balbino
Essays and analyses on monetary policy, banking, global markets and geopolitics, in English, Italian and Spanish.
189 articles · page 3 of 8
- EN27 min read
India’s Rise: The Power and the Paradox
UPI Works. India’s Economic Model Is Still Unfinished.
- EN13 min read
TURKEY AFTER ATATÜRK
Erdoğan made Turkey powerful again. The price was making Turkey increasingly dependent on Erdoğan.
- EN12 min read
America’s Dangerous Experiment: When the Presidency Becomes Personal Power
Trump did not create the weaknesses of the American constitutional system. He is showing the world how far a President can exploit them.
- EN12 min read
When the Athlete Becomes the Asset
Mbappé leaves Nike for On. But the real story is bigger: elite athletes are evolving from sponsored celebrities into distribution networks, intellectual property and, increasingly, shareholders.
- EN12 min read
Europe’s Consumers Are Expecting More Inflation — But Not More Income
Prices rise. Incomes do not. The ECB cannot hide the arithmetic.
- EN9 min read
Latin America Has Fiscal Rules. What It Lacks Is Fiscal Credibility
Governments across the region have adopted debt limits, spending ceilings and medium-term frameworks. Markets remain unconvinced because a rule rewritten whenever it becomes inconvenient is not a rule
- EN8 min read
Not Every Currency Collapse Is the Market Telling the Truth
Exchange rates can expose weak fundamentals. They can also amplify fear, leverage and market dysfunction. The difficult question is when intervention protects a failed government policy
- EN8 min read
Red States, Blue States — And the Unemployment Map America Should Actually Read
The political pattern is visible. The economic explanation is much more complicated.
- EN7 min read
The Fed Is Raising Rates Into Strength — This Is Not the Old Monetary Cycle
Strong Growth and Persistent Inflation Are Keeping Rates Higher for Longer.
- EN14 min read
The Real Inequality Ranking: Where the Economic Gap Hurts Most
Income inequality tells only half the story. What matters is what salaries can buy, who actually pays taxes, who owns the wealth — and whether education still allows the next generation to move up.
- EN19 min read
FOOTBALL IS NOT A SPREADSHEET
Chelsea, American Billionaires and the Funds Turning European Clubs into Financial Assets
- EN7 min read
Markets Are Rich. Are We?
Why record stock indices tell us much less about economic prosperity than financial television, politicians and investors sometimes suggest
- IT18 min read
IL CALCIO NON È UN FOGLIO EXCEL
Chelsea, i miliardari americani e i fondi che hanno trasformato i club europei in asset finanziari
- EN8 min read
Latin America’s Real Economic Emergency Is Not Just Inflation. It Is Insecurity.
GDP can grow, inflation can fall and fiscal accounts can improve. But without personal security, rule of law and credible institutions, prosperity remains fragile — and foreign capital knows it.
- EN8 min read
Kimi Antonelli Is No Longer Just a Formula 1 Driver. He Is Becoming a Global Business
From an Italian racing prodigy to a €50 million personal brand: Mercedes, image rights, San Marino, taxation and the economics behind Formula 1’s new superstar
- EN7 min read
The Liquidity Central Banks May No Longer Be Able to Withdraw
Banks have become structurally dependent on abundant reserves. Quantitative tightening is revealing that “normal” monetary policy may no longer have a clear destination.
- EN19 min read
The Paradox of Political Freedom: When the Most “Liberal” Become the Least Tolerant
Everyone defends freedom — until someone uses it to disagree with them
- EN6 min read
Europe Is Financing the AI Power That Could Make It Irrelevant
European households save heavily, invest defensively and help finance American technology. The continent is paying for the AI revolution without securing its economic or strategic benefits.
- EN6 min read
The Fed Does Not Fully Control Digital Money
Stablecoin yields can ignore, delay or even reverse monetary policy. DeFi is no longer merely a crypto experiment: it is becoming a parallel monetary system with its own transmission mechanism.
- EN14 min read
THE AI ARMS RACE: WHY AMERICA AND CHINA MAY NO LONGER BE ABLE TO SLOW DOWN
AI safety is colliding with geopolitics — and geopolitics usually wins.
- ES5 min read
MILEI E ISRAEL: ¿ALIANZA DE LA ARGENTINA O ALIANZA DEL PRESIDENTE?
Seguridad, litio, inteligencia artificial, inversiones, los Acuerdos de Isaac y ahora la paradoja de Malvinas. Nunca la relación argentino-israelí había adquirido una dimensión política tan personal.
- EN19 min read
THE PEOPLE BUILDING THE WORLD’S MOST POWERFUL AI ARE ASKING US TO SLOW DOWN
When the engineers building the accelerator start asking for brakes, perhaps we should understand what they have seen.
- EN13 min read
CASH HAS A MEMORY: HOW UNDECLARED AND ILLICIT MONEY TRIES TO ENTER THE GLOBAL FINANCIAL SYSTEM
How hidden cash enters the financial system — and where legality ends.
- EN10 min read
THE $5,000 TRUMP DIVIDEND: AMERICA’S MOST EXPENSIVE POLITICAL CHECK?
The arithmetic behind Trump’s $5,000 promise: tariffs, $40 trillion of debt, inflation and the bill nobody puts on the check