The only way for a government to be fiscally responsible is to transform government in the image of national conservatism. Hungary offers a good example of how to do it.
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.
There is this notion that America will never face a fiscal crisis of the kind other countries have fallen victim to. This notion is dead wrong. Here is what an American fiscal crisis can look like.
Europe is stuck in unending economic stagnation. Everything suffers, from family budgets to health care to green policies. But there is a way back to growth and prosperity.
The U.S. government is doing everything wrong with its finances. Its current debt management strategy is downright stupid. Are they trying to fabricate a fiscal crisis?
