
National Suicide by Tax: France Leads the Way
A new levy on high-end wealth looks innocent when it is first introduced. However, a simple experiment shows how destructive the ‘Zucman tax’ really is.

A new levy on high-end wealth looks innocent when it is first introduced. However, a simple experiment shows how destructive the ‘Zucman tax’ really is.

Ruled by establishment politicians with no other vision than to stay in power, Europe is drifting into disintegration and demise. But there is hope, inspired by the continent’s very few visionaries who know how to lead.

The center-right government just proposed a very good budget. Ten years too late.

When the next major fiscal crisis hits, Europe’s credit-challenged governments will pull down the banks with them. A crisis bigger than the one 15 years ago can no longer be ruled out.

The French government is facing the same fiscal crisis as in 2012—but this time, the ECB won’t be able to help them.

If there is one takeaway from this assassination, it is that conservatives must get up from their armchairs and stop being nice. You cannot talk to those who hate you.

Like a rudderless ship, France is sailing straight for the same cliffs that broke the Greek economy 15 years ago. Will President Macron meet his Waterloo in the hallowed hallways of the IMF?

Facing a major budget gap, Bucharest must choose: fix the deficit or launch a broader economic rescue. So far, Prime Minister Bolojan has shown little leadership to do either.

Slovakia faces the same budget dilemma as Germany. Whether Prime Minister Fico will match Chancellor Merz’s bold move to announce an end to the welfare state remains to be seen.

The U.S. president is moving to take control of the Fed board—a power grab that could spell economic disaster for both the U.S. and Europe.