Artículos de Roberto Balbino
Ensayos y análisis sobre política monetaria, banca, mercados globales y geopolítica, en inglés, italiano y español.
162 artículos · página 5 de 7
- EN16 min de lectura
WELCOME TO STARTUPLAND: WHERE EVERYONE IS A FOUNDER, EVERYONE IS AN ACCELERATOR — AND VERY FEW BUILD A GREAT COMPANY
Great ideas are everywhere. Capital, execution and success are not.
- EN6 min de lectura
THE REAL QUESTION: DID WAGES KEEP UP WITH THE AMERICAN RECEIPT?
Trump says America is getting richer. The paycheck says maybe.The receipt says not so fast: in many parts of the country, the cost of everyday life is still rising faster than the purch power of wages
- EN23 min de lectura
EUROPE’S TAX PARADOX: WHO ACTUALLY PAYS?
High taxes are not necessarily the problem. The real scandal begins when some citizens pay almost everything they owe, others do not, and both receive the same public services.
- EN9 min de lectura
Is Substack Becoming Facebook With a Paywall?
When visibility replaces substance, is Substack still publishing — or just another social network?
- EN15 min de lectura
WHEN “GOOD NEWS” MAKES STOCKS FALL, THE SYSTEM IS NOT BROKEN. IT IS WORKING.
Trump says strong jobs should automatically mean higher stocks, lower rates and even 15–20% GDP growth. That is not how monetary policy, inflation, bond markets or equity valuation work
- EN31 min de lectura
REVOLUT: THE BANK THAT STARTED BY TRYING NOT TO BE A BANK
From a London fintech experiment to a global banking powerhouse: the rise, reinvention and contradictions of Revolut — and how it changed what customers expect from money.
- EN20 min de lectura
MELONI, THE SUBJECT: THE LONGEST-SERVING GOVERNMENT OF THE ITALIAN REPUBLIC. THE OBJECT:
STAGNATION, DEBT, FALLING REAL WAGES, YOUTH EXODUS — AND THE FAILURE OF THE SOVEREIGNIST PROMISE.
- EN8 min de lectura
Latin America’s Fintech Stack Is No Longer a Neobank Story
From digital banks to payment infrastructure, SME credit and stablecoin rails: the real transformation of Latin American finance is happening underneath the consumer interface.
- EN14 min de lectura
THE TAX ARCHITECTURE OF THE RICH
How Billionaires and Multinationals Legally — and Sometimes Aggressively — Minimize Their Taxes
- EN14 min de lectura
THE AI BOOM IS NO LONGER A TECHNOLOGY STORY. IT IS BECOMING A STORY.
How the financing of artificial intelligence is quietly changing global capital markets
- EN9 min de lectura
Why Korean Skincare Is Challenging the European Beauty Industry
For decades, European beauty companies dominated the global cosmetics industry.
- EN16 min de lectura
The Global Labour Market in 2026: The Great Reallocation of Work
Jobs are not disappearing. They are moving — between sectors, countries, generations and skill levels. AI is accelerating the process, demographics are making it unavoidable, and migration is becoming
- EN9 min de lectura
LinkedIn: 1.2 Billion Users, Endless Verification, But Where Is the Real Value?
There is something fundamentally wrong with LinkedIn.
- EN13 min de lectura
The Treasury Trap: When Debt Supply Meets the Limits of Bond Demand
The U.S. debt problem is real. The inevitability of a debt crisis is not.
- EN7 min de lectura
Netflix: The Content Machine That May Be Destroying Quality
Netflix is one of the most extraordinary financial machines ever created in the entertainment industry.
- EN9 min de lectura
The Other Side of “The Mafia’s Banker”
An independent reflection on money, trust, responsibility, memory and the price of leaving things unresolved
- EN27 min de lectura
Delaware Is Not a Tax Haven: Understanding the Real Tax, Legal and Corporate Structure of Delaware
Why Delaware became America’s corporate jurisdiction — and why the reality is very different from the offshore myth
- EN16 min de lectura
OFFSHORE JURISDICTIONS, TAX HAVENS AND SPECIAL TAX REGIMES IN 2026
The Global Guide to Low-Tax Jurisdictions, Tax-Free Regimes, Free Zones, Trusts, Foundations, International Banking and Tax Residency Understanding the New Global Architecture of International Tax Pl
- EN14 min de lectura
Liquidity: How Money Enters the Banking System — and How Criminals Try to Fake It
Central-bank operations, bank credit creation, repo markets, collateral, shadow finance and the illegal mechanisms that can manufacture the appearance of legitimate liquidity
- EN17 min de lectura
Europe Does Not Need Another Think Tank. It Needs to Become a Power.
Schengen and the euro were extraordinary achievements. But Europe stopped halfway.
- EN13 min de lectura
Ratko Mladić’s Death: The War That Broke Yugoslavia, the Rise of Serbian Nationalism and the Unfinished Peace in Bosnia
The death of Ratko Mladić on August 27, 2026, in The Hague has reopened one of the deepest wounds in modern European history.
- EN7 min de lectura
Maradona: The Death of an Argentine Icon, the Battle for His Legacy, and Why Milei Cannot Stand Him
For most Europeans, Diego Armando Maradona needs no introduction.
- EN4 min de lectura
Gianni Infantino: When Football Becomes Power, Politics and Business
Gianni Infantino should leave the presidency of FIFA.
- EN15 min de lectura
ICELAND AT A CROSSROADS: HISTORY, WEALTH, IDENTITY AND THE EUROPEAN QUESTION
Why a small North Atlantic nation is once again debating whether its future lies inside the European Union