With an ideologically aggressive president, and with the states becoming more and more dependent on money from the federal government, the table is set for fiscal blackmail of conservative states. First out: abortion laws.
There was a lot of media attention recently to Germany being in a recession. The only problem is that those who said so, were wrong. Here is why.
How is NATO going to respond to the problem with its rapidly depleting stockpiles of military hardware? They can’t spend more money.
There is a practice in the affairs of government as old as government itself: diversion politics. When a political leader is under scrutiny for missteps or failed leadership, it is a good time to create a distraction.
Judging from the comments by central bank president György Matolcsy, Hungary could join the euro in 2030 or soon thereafter. Would such a membership be good for Hungary?
There are those who want to force humanity into ‘degrowth.’ That is a dangerous path to go down, and it is unnecessary. Our capitalist economy is becoming more and more efficient over time. In short, it is doing more with less.
Liz Cheney will not be able to navigate an entire presidential campaign without at some point deciding if she wants to protect women or those who think they are women.
Can the U.S. government and its allies prevent a determined group of countries from de-dollarizing and significantly hurting the U.S. economy in the process? How would de-dollarization be affected if the unthinkable happens and Russia wins in Ukraine?
The new debt-ceiling deal has its merits, but it also kicks the big spending reform can down the road. It also ignores the broader threat to the U.S. economy: de-dollarization. On that front, there is one event that could end dollar hegemony with one stroke of the pen.
Today, Donald Trump is far ahead in the opinion polls for the 2024 Republican presidential candidate. But Ron DeSantis, Tim Scott, and others will make sure that there is no such thing as an inevitable frontrunner.
Based on Eurostat numbers, it is inaccurate to declare the German economy in recession.
If neither wages nor energy prices can explain why the ECB is right in being concerned about persistent inflation, then what can explain it? There is a candidate that nobody wants to talk about: taxes.
