A euro-zone membership would put Sweden on a fast track to a fiscal crisis like the one in the 1990s. That would be bad: the country cannot absorb the fallout from repeating its disastrous mistakes from back then.
The Greek economic disaster a decade ago was totally preventable. It was inflicted upon Greece by arrogant politicians and incompetent economists. If we learn its lesson, we can avoid similar disasters when Europe enters its next recession.
Modernity, in its rebellion against Christianity, embarked on a path to ruin. Unless the spirit of modernity perceives itself as being in a place of need, hostility towards Christian values will continue.
There are growing signs that the United States is heading for a Greek-style fiscal crisis. It is not imminent, but close enough to cause real worries for anyone interested in the U.S. economy.
Hungary is one of Europe’s major economic success stories. Bringing the current inflation episode to an end would only reinforce the country’s position as a role model for the rest of Europe.
According to the company, the tax on ‘excess profits,’ whatever boon it might be for the EU’s coffers in the short term, is ultimately “counterproductive,” since it would scare off prospective investors.
