debt | The European Conservative

Fiscal Forecast: Trouble in the U.S. Debt Market

Sven R. Larson July 19, 2023

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?

Fiscal Forecast: Debt and De-Dollarization, Part I

Sven R. Larson May 30, 2023

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.

Fiscal Forecast Europe: Stop the Taxman!

Sven R. Larson May 18, 2023

The overall trend in the European economy points in the wrong direction. Therefore, it is a very bad idea to raise any taxes in the EU. It does not matter that the taxes the EU has proposed will fail to generate the revenue that the MEP tax grabbers are hoping for.

Fiscal Forecast America: How a Debt Default Happens

Sven R. Larson May 17, 2023

Politicians are known for two things: they never do what they should, and they always do what they shouldn’t. First, they do not prevent a debt crisis, then they aggravate it.

Fiscal Forecast America: The Debt Limit Drama

Sven R. Larson May 10, 2023

Democrats and Republicans are bickering over the debt ceiling. They will reach an agreement before the June 1st “default” date, but it will only be a stopgap measure. At some point, Congress will face such high costs for its debt that not even the most optimistic investors can trust the U.S. Treasury any longer.