Fiscal Forecast: Europe Still Not Out of Inflation
With a little bit of bad luck, Europe could soon face rising inflation again. How can we stop it? Is the gold standard the answer? We explain why not.
With a little bit of bad luck, Europe could soon face rising inflation again. How can we stop it? Is the gold standard the answer? We explain why not.
America is not in a recession. But is one coming? We have the answer.
If Sweden were to join the euro, its economy would be less unstable, but more stagnant. The situation for Swedish households and domestic-oriented businesses would go from bad to worse.
The Greek economic disaster a decade ago was totally preventable. It was inflicted upon Greece by arrogant politicians and incompetent economists. If we learn its lesson, we can avoid similar disasters when Europe enters its next recession.
A review of the economies of each of the 27 EU member states.
A new economic forecast points with near certainty to a U.S. debt crisis in the near future.
How is NATO going to respond to the problem with its rapidly depleting stockpiles of military hardware? They can’t spend more money.
The new debt-ceiling deal has its merits, but it also kicks the big spending reform can down the road. It also ignores the broader threat to the U.S. economy: de-dollarization. On that front, there is one event that could end dollar hegemony with one stroke of the pen.
We will only get one chance to save America from the abyss of a debt crisis. Let us make sure we get it right on day one.
The overall trend in the European economy points in the wrong direction. Therefore, it is a very bad idea to raise any taxes in the EU. It does not matter that the taxes the EU has proposed will fail to generate the revenue that the MEP tax grabbers are hoping for.
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