The latest policy statement from the euro zone’s central bank is a harsh message to all governments that have budget problems.
After a long, agonizing encounter with monetary inflation, Europe is back to more normal levels of price increases. Ironically, that bodes well for the EU economy for the coming recession.
More and more finance experts express worry about the U.S. government’s debt. Only Congress can prevent a fiscal crisis, but time is running out—fast.
The Donald Trump who gave a victory speech on Super Tuesday night was a different Trump from the one we have gotten used to. Will his reconciliation efforts be received as genuine?
Jobless rates are rising, especially among young workers.
Unanimous ruling reminds state courts of jurisdictional limits
The neocons have been fighting to keep Trump out of the White House since at least 2021. So why are they now getting behind the former president?
Every time there is a disturbance in the market for U.S. debt, the American economy inches closer to a full-scale debt crisis. We just moved another inch or two.
The trend with worried debt market investors continues. If this gets worse, higher—not lower—interest rates will be the least of our concerns.
Argentina’s new president, Javier Milei, talks about making ‘seigniorage’ illegal. But does he really know what the term means?
The president of Argentina wants to make it illegal to print money for budget deficits. Economic theory says he is right, but the politics of the welfare state may get in his way.
The unfolding ideological fight over Germany’s defense funding is a precursor to an American debate over the same issue.
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