Euros & Dollars: Sweden Lacks Economic Leadership
There is a deep, structural flaw in the Swedish economy. It is so bad that the country is now slow-walking itself into an economic crisis.
There is a deep, structural flaw in the Swedish economy. It is so bad that the country is now slow-walking itself into an economic crisis.
In 18 months, the cost of the federal government’s debt has increased by 86%. Where will it be 18 months from now?
President Macron is setting the stage for bad budget battles to come. Meanwhile, the French economy is getting worse by the day.
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.
More and more finance experts express worry about the U.S. government’s debt. Only Congress can prevent a fiscal crisis, but time is running out—fast.
Jobless rates are rising, especially among young workers.
Every time there is a disturbance in the market for U.S. debt, the American economy inches closer to a full-scale debt crisis. We just moved another inch or two.
The trend with worried debt market investors continues. If this gets worse, higher—not lower—interest rates will be the least of our concerns.
Argentina’s new president, Javier Milei, talks about making ‘seigniorage’ illegal. But does he really know what the term means?