Category: Analysis

European Defence Must Come from Nation States

Despite what EU technocrats say, sovereign states—not the EU—will have to take action to expand their militaries into forces worthy of the global stage.

Euros & Dollars: U.S. Borrows $1 Trillion in Six Months

Euros & Dollars: U.S. Borrows $1 Trillion in Six Months

In 2023, the federal government borrowed $2.5 trillion. So far this year, things are only getting worse.

April 2, 2024
Spanish Heterosexuals Become Second Class Citizens

Spanish Heterosexuals Become Second Class Citizens

“LGBTQI” Spaniards are now being invited to register for priority status within the government’s job placement scheme.

EU Elections: A Dead End for French Party Les Républicains?

EU Elections: A Dead End for French Party Les Républicains?

Ideological inconsistency and obsession with respectability have prevented follow-through on conservative convictions.

April 1, 2024
Spain’s Amnesty Law Galvanizes the Opposition

Spain’s Amnesty Law Galvanizes the Opposition

Legal experts mostly agree that the law is unconstitutional, and opposition leader Feijóo has stated he would repeal it once in power.

Euros & Dollars: French Budget Debate Long on Words, Short on Facts

Euros & Dollars: French Budget Debate Long on Words, Short on Facts

The national French statistics office has released new numbers on government debt. Everybody debates those numbers, but has anyone actually read them?

March 29, 2024
Euros & Dollars: The Inevitable Swedish Euro Accession

Euros & Dollars: The Inevitable Swedish Euro Accession

A combination of ominous economic forces beyond the control of the government will make minced meat of Sweden’s euro-skeptic holdouts.

March 28, 2024
Euros & Dollars: U.S. Treasury Buys Congress Time to Address Debt

Euros & Dollars: U.S. Treasury Buys Congress Time to Address Debt

The U.S. Congress has ignored the budget deficit for decades. Debt investors have almost run out of patience. Will Congress address the problem—or continue to play for time?

March 27, 2024
Euros & Dollars: The Baseless Attack on the Polish Central Bank

Euros & Dollars: The Baseless Attack on the Polish Central Bank

Donald Tusk has accused the National Bank of Poland of manipulating interest rates to help his predecessor win last year’s election. Here is ample proof that Tusk has no case.

March 26, 2024
Euros & Dollars: The Fading Hope of Lower Interest Rates

Euros & Dollars: The Fading Hope of Lower Interest Rates

The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.

March 22, 2024
Euros & Dollars: Explaining Europe’s Economic Stagnation, Part II

Euros & Dollars: Explaining Europe’s Economic Stagnation, Part II

Economists have failed to explain Europe’s economic stagnation. Here is an explanation they have not considered.

March 21, 2024
Putin Re-Elected: The Beginning of the End?

Putin Re-Elected: The Beginning of the End?

One would have to go back to Soviet times to find a more authoritarian polity in Russia.

March 20, 2024
Euros & Dollars: U.S. Debt Cost Bigger than National Defense

Euros & Dollars: U.S. Debt Cost Bigger than National Defense

The U.S. Treasury keeps selling a lot of short-term, expensive debt when long-term debt is demonstrably cheaper. Why?

March 20, 2024