Tag: structural spending

EU Debt Crisis: Germany Leads the Way

The German government again suspends its debt brake. So far, their country has been saved by its formidable export machine. Those days are gone.

Fiscal Forecast: Debt and De-Dollarization, Part I

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.

Fiscal Forecast America: The Debt Limit Drama

Democrats and Republicans are bickering over the debt ceiling. They will reach an agreement before the June 1st “default” date, but it will only be a stopgap measure. At some point, Congress will face such high costs for its debt that not even the most optimistic investors can trust the U.S. Treasury any longer.

Good Economic News From America

In three simple steps, Europe’s lawmakers can save the continent from stagflation and economic misery.