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.
There is this notion that America will never face a fiscal crisis of the kind other countries have fallen victim to. This notion is dead wrong. Here is what an American fiscal crisis can look like.
After decades of a culture war in which only one side has been fighting, VOX needed more than moderate poise and occasional rallies to turn things around.
Were the PP to govern now, it is unlikely that it would try to resolve the asymmetries of the Spanish system on display during these elections, especially with Núñez Feijóo at the helm.
Europe is stuck in unending economic stagnation. Everything suffers, from family budgets to health care to green policies. But there is a way back to growth and prosperity.
The U.S. government is doing everything wrong with its finances. Its current debt management strategy is downright stupid. Are they trying to fabricate a fiscal crisis?
