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Fiscal Forecast: Budget Deficits Threaten NATO
How is NATO going to respond to the problem with its rapidly depleting stockpiles of military hardware? They can’t spend more money.
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.
Every government with debt on hand, and especially those with debt levels that are already unsustainable, must get to work on a contingency plan for the coming recession.
Globalism requires that societies accept their place in a global division of labour, and the principal political agent facilitating this is the anti-worker, pro-woke Left, with a complicit centre-Right as rearguard.
Any move in the gold-standard direction must be guided by pragmatism, not dogmatism.
There is one major omission from all the discussions on pension reform: the question of the birth rate and its corollary, family policy.
The new government has declared a state of emergency in the face of ongoing protests in favor of the deposed president, leaving at least three dozen people dead.
Alagna, Kurzak, Tézier, Kaufmann: Does the healthy reaction of these artists herald a new era, when opera will cease to be a place of propaganda, political activism, and wokeism?
Whiting and Hussey recently decided that their nude scenes in Romeo and Juliet—their only claim to anything approaching fame—had exploited and abused them.
Given the high level of economic integration in Europe, it is unlikely that a recession will be confined to half the continent.
Fighting has been going on since May in the area mainly besieged by the mercenaries of Russia’s Wagner Group, and both sides attach more importance to the area than its real military value.
The long list of social benefits in the U.S. operate on a socialist ideological basis: they elevate the standard of living of the gainfully employed with lower incomes and have higher-income citizens pay for it.
Sweden has failed to focus fiscal policy on economic growth. Employment is now falling, and there is a debt bomb about to explode in the economy.
Despite clear and unwavering opposition to socialism, the conservative movement remains reluctant to dip its toes into the debate over the welfare state, the foremost vehicle for socialist policies in democratic countries.
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