
Euros & Dollars: The Inevitable Swedish Euro Accession
A combination of ominous economic forces beyond the control of the government will make minced meat of Sweden’s euro-skeptic holdouts.

A combination of ominous economic forces beyond the control of the government will make minced meat of Sweden’s euro-skeptic holdouts.

Nine EU states are now in a recession. The ECB can help the continent ease the downturn, but they are up against bigger forces of economic stagnation.

The latest policy statement from the euro zone’s central bank is a harsh message to all governments that have budget problems.

After a long, agonizing encounter with monetary inflation, Europe is back to more normal levels of price increases. Ironically, that bodes well for the EU economy for the coming recession.

Jobless rates are rising, especially among young workers.

Low inflation and rising unemployment suggest that the ECB will soon abandon its tight monetary policy.

The ECB chief just ruled out raising interest rates. This is a big mistake that can cost the euro zone dearly in the coming recession.

European interest rates rise and fall closely with American rates. This can be good for Europe, but it can also be bad, especially if America is hit by a fiscal crisis.

Here is why the seven EU member states who still have their own currency should stay out of the euro zone.

What can the past 20 years tell us about Europe’s economic future?