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Stagflation Still a Threat to Europe
The twin villains of high inflation and high unemployment have not left Europe. They are just taking a nap under a pile of moderately optimistic economic data.
The twin villains of high inflation and high unemployment have not left Europe. They are just taking a nap under a pile of moderately optimistic economic data.
The Republican newcomer brings better policies to the table than his opponents, but often reduces the issues of cultural disintegration and national renewal to just GDP growth.
The Swedish government’s budget is thoughtful, intelligent, and well balanced. Let’s see if it also can deliver as promised.
In the world of public finance, we call this ‘rocketing your country into a fiscal crisis.’
The concept of exploitation is deployed by socialists in the public discourse to force conservatives into renouncing capitalism altogether.
Biden’s immigration policy and his bad fiscal management could create a depression worse than the 1930s.
What the European Commission proposes is not rules-based trade but managed trade, with Commission technocrats pulling the strings to favour EU industrialization.
U.S. unemployment is rising, but this does not mean a recession is coming. Immigration is causing a recession mirage.
As the Romanian nationalist party looks for a home in Brussels’ conservative bloc after the 2024 EP elections, there are things prospective partners should consider, as not all that glitters is ‘gold.’
The German government want to deregulate to boost business. Let’s hope they do it right!
Little did we know that, by 2020, the pandemic was almost two decades in the making. The Sunday Times’ investigative report tells an incredible tale of American money, Chinese secrecy, and unrestrained human hubris.
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.
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.
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.
Les Républicains wants to appear to be in tune with the state of French public opinion, which demands rigour and firmness in the management of immigration.
In 2022, a decade after Geir Haarde’s impeachment trial, Iceland is again amongst the most prosperous and peaceful countries in the world.
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.
We will only get one chance to save America from the abyss of a debt crisis. Let us make sure we get it right on day one.
In Part II of this series, Hannes Gissurarson lays out the case that Geir Haarde was unfairly singled out and blamed for the bank collapse in a flawed and biased process.
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