
Euros & Dollars: Trump, NATO, and Budget Deficits
Anyone proposing more U.S. defense spending with borrowed money should consider what happens when increasingly uneasy investors have had enough of U.S. debt.

Anyone proposing more U.S. defense spending with borrowed money should consider what happens when increasingly uneasy investors have had enough of U.S. debt.

A review of the past 60 years of inflation and monetary policy shows why the Fed must be conservative as it considers rate cuts later this year.

Low inflation and rising unemployment suggest that the ECB will soon abandon its tight monetary policy.

The system that is used to measure a nation’s economy is so complex that it would take a group of national-accounts experts to even attempt to forge the data.

There are two quiet trends at work in the market for U.S. debt that analysts normally do not pay attention to. They should: if these trends continue, there will be turmoil in the market.

There is a big need for structural reforms to the Slovakian welfare state. Such reforms require a level of political leadership that Europe so far has only seen in Hungary.

Questions have been raised about the veracity of the IMF report showing Russian economy outperforming the West. But it is extremely difficult to falsify GDP data.

Despite differences in inflation rates and macroeconomic trends, many central banks make their policy decisions based on what the Federal Reserve does.

Finally, the U.S. Treasury is doing something to curb the rise in debt costs. But is it too late already to prevent a fiscal crisis in America?

This was a bold move by one of Europe’s best-run monetary authorities.
The German government want to deregulate to boost business. Let’s hope they do it right!
Senator Bernie Sanders, a devout socialist, wants the Democrat party to make a left turn in the next election. Do the Republicans have what it takes to oppose them?
When socialists tell us what their ideology is all about, we had better listen.
There is no doubt anymore. The BRICS countries are working hard to dethrone the dollar.
In country after country, the economy is getting worse. What can governments do about it?
If we don’t define socialism properly, how can we present coherent arguments against the encroachment of government in our lives?
The ecological issue—a ‘green deal’ driving up energy bills; implementing driving prohibitions in cities; condemning cars before their time; making homes unfit to rent or sell—will be at the heart of the European elections next spring.
The European Union’s drive for ever more intrusive regulations to combat climate change are being met with resistance from member states. Despite the Commission’s best efforts to push the Green Deal, exorbitant economic costs and voter discontent has sparked a renewed interest in nuclear energy.
The upcoming BRICS summit next week will mark the beginning of a new era. But don’t count out the U.S. dollar just yet.
The only way for a government to be fiscally responsible is to transform government in the image of national conservatism. Hungary offers a good example of how to do it.
Europe’s conservatives want to be fiscally responsible, but they need to become bolder and address the root cause of government deficits and debt.
The U.S. government has suffered its second credit downgrade. Given the reaction from the Biden administration, we can safely predict: this is only the beginning.