Category: Analysis

Euros & Dollars: Two Problems with EU’s New Fiscal Rules

The EU’s new fiscal rules are supposed to solve the problem with member state budget deficits. But so far, neither the European Parliament nor the European Council has addressed the two biggest problems with their reform efforts.

Fiscal Forecast: The State of the European Economy

Fiscal Forecast: The State of the European Economy

A review of the economies of each of the 27 EU member states.

June 22, 2023
Spain’s New Parties

Spain’s New Parties

Apart from VOX, whose position as third largest party in the country and junior party in a future coalition with the PP is likely, a few more parties are worth mentioning.

Fiscal Forecast: American Economic Standstill

Fiscal Forecast: American Economic Standstill

A new economic forecast points with near certainty to a U.S. debt crisis in the near future.

June 21, 2023
VOX and Spain’s Local Coalitions

VOX and Spain’s Local Coalitions

It is dubious that Spain’s likely PP-led government will allow VOX to steer it away from its commitments to the UN’s 2030 Agenda, or away from acting like a slightly less ‘woke’ PSOE.

Bank on Farmers To Decide EU Elections

Bank on Farmers To Decide EU Elections

As farmers lead backlash against environmental regulations, the political Right is poised to capture their vote.

June 17, 2023
COVID Lab Leak: Pieces of a Deadly Puzzle

COVID Lab Leak: Pieces of a Deadly Puzzle

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.

June 16, 2023
Fiscal Forecast: How To Identify a Recession

Fiscal Forecast: How To Identify a Recession

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.

June 15, 2023
Fiscal Forecast: Budget Deficits Threaten NATO

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.

June 14, 2023
Fiscal Forecast: Should Hungary Join the Euro?

Fiscal Forecast: Should Hungary Join the Euro?

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?

June 8, 2023
Fiscal Forecast: The Degrowth Delusion

Fiscal Forecast: The Degrowth Delusion

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.

June 7, 2023
Fiscal Forecast: Debt and De-Dollarization, Part II

Fiscal Forecast: Debt and De-Dollarization, Part II

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?

June 1, 2023
Fiscal Forecast: Debt and De-Dollarization, Part I

Fiscal Forecast: Debt and De-Dollarization, Part I

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.

May 30, 2023