Bruegel: EU Commission’s New Debt Rules “Unrealistic”
New rules aim to make member states more resilient in the face of economic crises and increasing debt sustainability across the bloc.
New rules aim to make member states more resilient in the face of economic crises and increasing debt sustainability across the bloc.
Good news! America has avoided a recession. But the Federal Reserve can still make one happen.
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.
Degrowthers want to slow down the global social and economic ‘metabolism’ by prioritising human need as the purpose for production instead of growing GDP.
A review of the economies of each of the 27 EU member states.
There was a lot of media attention recently to Germany being in a recession. The only problem is that those who said so, were wrong. Here is why.
There are those who want to force humanity into ‘degrowth.’ That is a dangerous path to go down, and it is unnecessary. Our capitalist economy is becoming more and more efficient over time. In short, it is doing more with less.
Based on Eurostat numbers, it is inaccurate to declare the German economy in recession.
The official story is that the U.S. economy grew by 1.1% in the first quarter. This number is heavily modified and tells us nothing. We have the real numbers.
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