Euros & Dollars: The Fading Hope of Lower Interest Rates
The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.
The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.
Economists have failed to explain Europe’s economic stagnation. Here is an explanation they have not considered.
The U.S. Treasury keeps selling a lot of short-term, expensive debt when long-term debt is demonstrably cheaper. Why?
Nine EU states are now in a recession. The ECB can help the continent ease the downturn, but they are up against bigger forces of economic stagnation.
The January 6th Committee created a political machine. One person stood to benefit more than any other if that machine had succeeded in taking Trump down.
Many analysts think that today’s interest rates are the exception and that rates should always be low. History tells a different story.
There is a deep, structural flaw in the Swedish economy. It is so bad that the country is now slow-walking itself into an economic crisis.
In 18 months, the cost of the federal government’s debt has increased by 86%. Where will it be 18 months from now?
President Macron is setting the stage for bad budget battles to come. Meanwhile, the French economy is getting worse by the day.
The latest policy statement from the euro zone’s central bank is a harsh message to all governments that have budget problems.
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