Trump Has Picked a First-Rate Treasury Boss
Scott Bessent’s ideas of what the U.S. economy needs reveal a broad understanding of macroeconomics.
Scott Bessent’s ideas of what the U.S. economy needs reveal a broad understanding of macroeconomics.
The EU wants to make member-state funds conditional. This is a political bombshell that could wreak havoc on political diversity and national sovereignty.
Less money is spent on forming Europe’s economic future, and the outlook is even worse.
Trump’s new efficiency-focused operation has already made a big media splash. But their ambitions and their numbers don’t add up.
We may be witnessing the first signs of a major America-bound exodus of investment capital from Europe.
Olaf Scholz’s government fell on a stumbling block that was placed in his way by none other than Angela Merkel.
A legitimate concern is that governments will go back to money printing as a way to fund their deficits. Central bank rate cuts encourage this.
Europe should expect a mix of positive and negative effects from a Trump presidency. With a little luck, the positive effects will outweigh the negative ones.
After years of vitriolic hatred against Trump, can the neocons now please just shut up and let Trump build the future our kids need?
Although the central bank president makes some salient points, they do not add up to the really big reason why Europe keeps falling economically behind America.