Tag: USA

Moody’s Opens Path to U.S. Fiscal Crisis

The latest report on the U.S. government’s credit worthiness is nothing short of fiscal and political dynamite. It should put Congress and President Biden on full alert.

New Speaker, Same Old Ideas

The House of Representatives finally got a new Speaker. He starts off boldly, promising big achievements—while dressing his most important idea in worn-out garments.

Inflation Comeback: A Challenge for the ECB

Europe will be facing a recession. The question is whether or not rising unemployment will come with higher or lower inflation rates—and monetary conservatism or monetary expansion.