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	<title type="text">El Blog de finanzas y economía de Marc Garrigasait</title>
	<subtitle type="text"></subtitle>

	<updated>2026-04-20T06:57:31Z</updated>

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	<entry>
		<author>
			<name>Marc Garrigasait</name>
					</author>

		<title type="html"><![CDATA[El &#8220;distrito financiero&#8221; en Roma. El Aerarium en el Templo de Saturno]]></title>
		<link rel="alternate" type="text/html" href="https://investorsconundrum.com/2026/04/19/el-banco-central-en-roma-el-aerarium-en-el-templo-de-saturno/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=el-banco-central-en-roma-el-aerarium-en-el-templo-de-saturno" />

		<id>https://investorsconundrum.com/?p=10001</id>
		<updated>2026-04-20T06:57:31Z</updated>
		<published>2026-04-19T19:21:44Z</published>
		<category scheme="https://investorsconundrum.com" term="Destacado" /><category scheme="https://investorsconundrum.com" term="Macro" /><category scheme="https://investorsconundrum.com" term="Imperio Romano" /><category scheme="https://investorsconundrum.com" term="Oro" /><category scheme="https://investorsconundrum.com" term="plata" /><category scheme="https://investorsconundrum.com" term="Tesoro" />
		<summary type="html"><![CDATA[Si vas al foro de Roma (Foro Romanum), verás ocho columnas en pie del templo, justo debajo del Tabularium, la oficina de archivos de la antigua Roma en la colina capitolina. El Templo de Saturno es uno de los más &#8230; <a href="https://investorsconundrum.com/2026/04/19/el-banco-central-en-roma-el-aerarium-en-el-templo-de-saturno/">Continued</a>]]></summary>

		
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			</entry>
		<entry>
		<author>
			<name>Marc Garrigasait</name>
					</author>

		<title type="html"><![CDATA[Invertir en Japon en 2026 con Marc Garrigasait &#8211; Podcast de Value Investment FM]]></title>
		<link rel="alternate" type="text/html" href="https://investorsconundrum.com/2026/02/09/invertir-en-japon-en-2025-con-marc-garrigasait-podcast-de-value-investment-fm/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=invertir-en-japon-en-2025-con-marc-garrigasait-podcast-de-value-investment-fm" />

		<id>https://investorsconundrum.com/?p=9989</id>
		<updated>2026-02-09T20:53:35Z</updated>
		<published>2026-02-09T20:40:59Z</published>
		<category scheme="https://investorsconundrum.com" term="Japan Deep Value Fund" /><category scheme="https://investorsconundrum.com" term="Bolsa Japon" /><category scheme="https://investorsconundrum.com" term="invertir en Japon" />
		<summary type="html"><![CDATA[]]></summary>

		
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			<thr:total>0</thr:total>
			</entry>
		<entry>
		<author>
			<name>Marc Garrigasait</name>
					</author>

		<title type="html"><![CDATA[“Capital wars” y el auge de la liquidez global (Parte IV). Conclusiones.]]></title>
		<link rel="alternate" type="text/html" href="https://investorsconundrum.com/2026/01/11/capital-wars-y-el-auge-de-la-liquidez-global-parte-iv-conclusiones/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=capital-wars-y-el-auge-de-la-liquidez-global-parte-iv-conclusiones" />

		<id>https://investorsconundrum.com/?p=9979</id>
		<updated>2026-01-11T18:38:17Z</updated>
		<published>2026-01-11T18:28:30Z</published>
		<category scheme="https://investorsconundrum.com" term="Destacado" /><category scheme="https://investorsconundrum.com" term="divisas" /><category scheme="https://investorsconundrum.com" term="Hedge Funds" /><category scheme="https://investorsconundrum.com" term="Macro" /><category scheme="https://investorsconundrum.com" term="Banco Central Chino" /><category scheme="https://investorsconundrum.com" term="Banco Central Europeo" /><category scheme="https://investorsconundrum.com" term="BCE" /><category scheme="https://investorsconundrum.com" term="burbujas" /><category scheme="https://investorsconundrum.com" term="crísis crédito" /><category scheme="https://investorsconundrum.com" term="FED" /><category scheme="https://investorsconundrum.com" term="liquidez" /><category scheme="https://investorsconundrum.com" term="shadow banking" />
		<summary type="html"><![CDATA[“El motor del ciclo económico es el crédito, no el dinero” &#8211; Ray Dalio Del nacimiento del capitalismo con sus primeros brotes en la Europa medieval del norte de Italia, Flandes y ciudades de la Liga Hanseatica (Siglos XI al &#8230; <a href="https://investorsconundrum.com/2026/01/11/capital-wars-y-el-auge-de-la-liquidez-global-parte-iv-conclusiones/">Continued</a>]]></summary>

		
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			</entry>
		<entry>
		<author>
			<name>Marc Garrigasait</name>
					</author>

		<title type="html"><![CDATA[“Capital wars” y el auge de la liquidez global. Los REPOs (Parte III).]]></title>
		<link rel="alternate" type="text/html" href="https://investorsconundrum.com/2025/11/17/capital-wars-y-el-auge-de-la-liquidez-global-los-repos-parte-iii/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=capital-wars-y-el-auge-de-la-liquidez-global-los-repos-parte-iii" />

		<id>https://investorsconundrum.com/?p=9967</id>
		<updated>2026-02-21T16:12:18Z</updated>
		<published>2025-11-17T07:01:12Z</published>
		<category scheme="https://investorsconundrum.com" term="Bolsa" /><category scheme="https://investorsconundrum.com" term="Destacado" /><category scheme="https://investorsconundrum.com" term="divisas" /><category scheme="https://investorsconundrum.com" term="FED" /><category scheme="https://investorsconundrum.com" term="liquidez" />
		<summary type="html"><![CDATA[“La antigua Roma, al igual que la Liquidez Global, tenía dos imperios: uno oriental y otro occidental. La Liquidez Global está controlada en Oriente por China y el Banco Popular de China (BPCh). En Occidente, está en gran medida bajo &#8230; <a href="https://investorsconundrum.com/2025/11/17/capital-wars-y-el-auge-de-la-liquidez-global-los-repos-parte-iii/">Continued</a>]]></summary>

		
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			<thr:total>0</thr:total>
			</entry>
		<entry>
		<author>
			<name>Marc Garrigasait</name>
					</author>

		<title type="html"><![CDATA[“Capital wars” y el auge de la liquidez global (Parte II)]]></title>
		<link rel="alternate" type="text/html" href="https://investorsconundrum.com/2025/09/07/capital-wars-y-el-auge-de-la-liquidez-global-parte-ii/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=capital-wars-y-el-auge-de-la-liquidez-global-parte-ii" />

		<id>https://investorsconundrum.com/?p=9960</id>
		<updated>2026-02-21T16:14:05Z</updated>
		<published>2025-09-07T17:54:39Z</published>
		<category scheme="https://investorsconundrum.com" term="Bolsa" /><category scheme="https://investorsconundrum.com" term="Destacado" /><category scheme="https://investorsconundrum.com" term="divisas" /><category scheme="https://investorsconundrum.com" term="Hedge Funds" /><category scheme="https://investorsconundrum.com" term="Macro" /><category scheme="https://investorsconundrum.com" term="bancos centrales" /><category scheme="https://investorsconundrum.com" term="BCE" /><category scheme="https://investorsconundrum.com" term="crísis crédito" /><category scheme="https://investorsconundrum.com" term="economia China" /><category scheme="https://investorsconundrum.com" term="FED" />
		<summary type="html"><![CDATA[“La Reserva Federal manda en los mercados financieros; el Banco Popular de China manda en los mercados de materias primas.” — Michael Howell Una forma simple de visualizar la creación artificial de liquidez global consiste en comparar el volumen agregado &#8230; <a href="https://investorsconundrum.com/2025/09/07/capital-wars-y-el-auge-de-la-liquidez-global-parte-ii/">Continued</a>]]></summary>

		
					<link rel="replies" type="text/html" href="https://investorsconundrum.com/2025/09/07/capital-wars-y-el-auge-de-la-liquidez-global-parte-ii/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=capital-wars-y-el-auge-de-la-liquidez-global-parte-ii#comments" thr:count="0" />
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			<thr:total>0</thr:total>
			</entry>
		<entry>
		<author>
			<name>Marc Garrigasait</name>
					</author>

		<title type="html"><![CDATA[“Capital wars” y el auge de la liquidez global (parte I)]]></title>
		<link rel="alternate" type="text/html" href="https://investorsconundrum.com/2025/08/24/capital-wars-y-el-auge-de-la-liquidez-global-parte-i/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=capital-wars-y-el-auge-de-la-liquidez-global-parte-i" />

		<id>https://investorsconundrum.com/?p=9943</id>
		<updated>2025-09-08T16:45:19Z</updated>
		<published>2025-08-24T17:50:09Z</published>
		<category scheme="https://investorsconundrum.com" term="Destacado" /><category scheme="https://investorsconundrum.com" term="divisas" /><category scheme="https://investorsconundrum.com" term="Macro" /><category scheme="https://investorsconundrum.com" term="Banco Central Chino" /><category scheme="https://investorsconundrum.com" term="BCE" /><category scheme="https://investorsconundrum.com" term="crisis bancaria" /><category scheme="https://investorsconundrum.com" term="crísis crédito" /><category scheme="https://investorsconundrum.com" term="FED" />
		<summary type="html"><![CDATA[Michael Howell es una de las mentes que mejor comprende las dinámicas de los mercados financieros globales modernos a través del estudio de los flujos de capital. Leer o escuchar su visión sobre cómo actúan los bancos centrales y los &#8230; <a href="https://investorsconundrum.com/2025/08/24/capital-wars-y-el-auge-de-la-liquidez-global-parte-i/">Continued</a>]]></summary>

		
					<link rel="replies" type="text/html" href="https://investorsconundrum.com/2025/08/24/capital-wars-y-el-auge-de-la-liquidez-global-parte-i/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=capital-wars-y-el-auge-de-la-liquidez-global-parte-i#comments" thr:count="1" />
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			<thr:total>1</thr:total>
			</entry>
		<entry>
		<author>
			<name>Marc Garrigasait</name>
					</author>

		<title type="html"><![CDATA[Historias de la bolsa: El desplome de abril 2025 por los aranceles de Trump. Como lo hemos vivido]]></title>
		<link rel="alternate" type="text/html" href="https://investorsconundrum.com/2025/05/20/historias-de-la-bolsa-el-crash-de-abril-2025-por-los-aranceles-de-trump-como-lo-hemos-vivido/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=historias-de-la-bolsa-el-crash-de-abril-2025-por-los-aranceles-de-trump-como-lo-hemos-vivido" />

		<id>https://investorsconundrum.com/?p=9869</id>
		<updated>2025-05-21T09:43:02Z</updated>
		<published>2025-05-20T18:26:41Z</published>
		<category scheme="https://investorsconundrum.com" term="Bolsa" /><category scheme="https://investorsconundrum.com" term="Destacado" /><category scheme="https://investorsconundrum.com" term="Koala Capital sicav" /><category scheme="https://investorsconundrum.com" term="Bolsa USA" /><category scheme="https://investorsconundrum.com" term="ciclos bolsa" /><category scheme="https://investorsconundrum.com" term="crash" /><category scheme="https://investorsconundrum.com" term="Panda" />
		<summary type="html"><![CDATA[En este documento confidencial, detallamos el día a día de un equipo de gestión de inversiones en el crash de abril 2025. Se recogen las decisiones cotidianas, los pensamientos y mensajes intercambiados entre el equipo de Koala Capital Sicav. Este &#8230; <a href="https://investorsconundrum.com/2025/05/20/historias-de-la-bolsa-el-crash-de-abril-2025-por-los-aranceles-de-trump-como-lo-hemos-vivido/">Continued</a>]]></summary>

		
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