Tag: Eurostat

Prepare for Another Debt Crisis

A new debt crisis looks unavoidable. There is practically no interest in fiscal reforms across Europe, leaving the continent vulnerable to a destructive downward spiral of rising interest rates and structural budget deficits.

U.S. Public Finances Better than Pre-Pandemic

The numbers for the first quarter of this year were released by the Bureau of Economic Analysis showing a 30%-percent rise in revenue for the U.S. federal government over the pre-pandemic first quarter of 2019.

Economic Resiliency Post Pandemic: U.S. vs. the EU

While the U.S. has its economic problems, the runaway government debt being an ominous example, its unending reliance on domestic spending for domestic prosperity is a winning recipe over time.