Euros & Dollars: High U.S. Interest Rates Are Here To Stay
For two major reasons, you should plan your personal finances on the premise that interest rates will remain high for the long haul.
For two major reasons, you should plan your personal finances on the premise that interest rates will remain high for the long haul.
Unless the French political leadership does something radical, more downgrades are coming.
If the Right does as well in the European elections, American conservatives might find that they have a critical mass of allies in Europe.
Getting the numbers right is the first step toward closing the budget gap. Here is the first step; when will we see the next?
We’re now witnessing one youth rebellion wishing to tear down the product of another: the left-liberal hegemony seeded by the student rebels of ’68.
By design, the standard European welfare state traps people in perennial dependency on government.
The EU is silent as a leftist government shuts down conservative media.
The U.S. government has faced a sharp rise in debt costs in the past year—but that was only the beginning. The numbers presented here should scare Congress into debt panic.
Amidst Europe’s uncertain economic future, Hungary exhibits a resilient economy with a positive outlook for the rest of the year.
It’s time for a public service that has been playing by its own rules for too long to be called to order.
Ethiopia must abolish state terrorism and establish law and order.
Since 2004, ten countries in Eastern Europe have proven that EU membership does not guarantee economic success.
I urge Trump to respect the independence of the Federal Reserve. If he does not, as my numbers show, it would mean suicide for the American economy.
The idea behind ending the independence of the Federal Reserve is brutally simple: deficit monetization.
The independence of the Federal Reserve is as essential as the independence of the U.S. Supreme Court.
At the start of 2024, there was a trend break on the market for sovereign debt that suggests investors may be asking a risk premium to buy U.S. government debt.
Joe Biden wants the ‘rich’ to pay their ‘fair share,’ but he never defines what the ‘fair share’ means. There is an ominous reason for that.
Bulgaria is on the cusp of joining the euro but has not yet set a firm accession date. They would be wise in waiting to give up their own currency.
At the very least, the ECR and ID groups will need to work more closely together to counter the “federalist” forces in the European Parliament.
If this odd change in the yield curve continues, it will turn into an open vote of no confidence in U.S. government debt.
As in the endless disputes between brothers and sisters, we end up forgetting who started it and who said what.
What looks like a mild recession on the surface could turn into something much more serious.