Tag: financial rating

U.S. Downgrade: Expect More to Come

The U.S. government has suffered its second credit downgrade. Given the reaction from the Biden administration, we can safely predict: this is only the beginning.

Fiscal Forecast Europe: Macron in Fiscal Shackles

France is at a fork in the road, where her political leaders have shrinking maneuverability, where they are running out of time, and where they cannot afford to repeat the mistakes of the past.