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A Red Flag for the EU Economy!
It is time for Europe’s lawmakers to act to save their economy from a long, cold, tough winter.
It is time for Europe’s lawmakers to act to save their economy from a long, cold, tough winter.
New numbers on U.S. private consumption reveal a tectonic lifestyle shift, one that is likely going to continue in coming years.
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.
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.
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.
Given the high level of economic integration in Europe, it is unlikely that a recession will be confined to half the continent.
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.