Euros & Dollars: U.S. Economy Still Growing, but Not for Much Longer
With a mix of consumers and government driving the current economy, the Biden administration may find itself going into the election in a recession.
With a mix of consumers and government driving the current economy, the Biden administration may find itself going into the election in a recession.
Originally, the European Stability Mechanism was set up to help troubled member states with their debt. Now, it wants to branch out—and make more money for itself.
The ones who get to enjoy lower rates are the ones who live on the right side of the euro-zone border. But not in the way we usually think of the euro zone.
Since 2004, ten countries in Eastern Europe have proven that EU membership does not guarantee economic success.
I urge Trump to respect the independence of the Federal Reserve. If he does not, as my numbers show, it would mean suicide for the American economy.
The idea behind ending the independence of the Federal Reserve is brutally simple: deficit monetization.
The independence of the Federal Reserve is as essential as the independence of the U.S. Supreme Court.
At the start of 2024, there was a trend break on the market for sovereign debt that suggests investors may be asking a risk premium to buy U.S. government debt.
Joe Biden wants the ‘rich’ to pay their ‘fair share,’ but he never defines what the ‘fair share’ means. There is an ominous reason for that.
Bulgaria is on the cusp of joining the euro but has not yet set a firm accession date. They would be wise in waiting to give up their own currency.
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