Euros & Dollars: EU Puts Italy in Its Fiscal Crosshairs
The European Commission has plans to go after Italy for its excessive budget deficit. There is no real reason for them to do this, and the timing is very bad.
The European Commission has plans to go after Italy for its excessive budget deficit. There is no real reason for them to do this, and the timing is very bad.
EU member states must decide between prioritizing reduced ‘inequality’ or increased economic growth.
There is only one way that Congress can permanently end its budget deficits. Here is how to get the job done.
The national French statistics office has released new numbers on government debt. Everybody debates those numbers, but has anyone actually read them?
President Macron is setting the stage for bad budget battles to come. Meanwhile, the French economy is getting worse by the day.
Argentina’s new president, Javier Milei, talks about making ‘seigniorage’ illegal. But does he really know what the term means?
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.
Congress is borrowing 26 cents of every dollar they spend. Only structural spending reforms can prevent a fiscal meltdown—and time is running out.
Last time Congress tried to end its own deficits, it ended up putting band-aid on a broken leg.
Europe’s economy is falling behind America, and the gap is getting big. The reason is obvious, and so is the solution.
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