
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.
Biden has become such a problem for the Democrats that some candidates have quietly asked him not to come and stump for them in their local races. His appearances would lose more voters than they would gain.
To cut the Gordian Knot constraining the Swedish economy, I suggest repealing the long-standing ‘fiscal framework’ that currently dictates how the Swedish Parliament conducts fiscal policy.
The government would like to achieve “almost 100% enforcement.” But, while the number of illegal immigrants continues to increase, removal measures are less and less applied. Statistically, an illegal immigrant is more likely to be regularised than to be removed.
Currently, the Democrats control both legislative chambers, but with very small margins. This is about to change.
So long as the Bank of England is entrusted with as much power as it has assumed for itself—it matters little whether the prime minister is Boris Johnson, Liz Truss, or even Margaret Thatcher.
The numerically smaller Ukrainian ‘David’ stumped the behemoth Russian ‘Goliath’ at the start of the operation. ‘Mission command’ style of leadership is the source of Ukraine’s strength.
There is only one path forward for conservatives: to combine tax cuts with structural reforms to welfare-state spending.