Euros & Dollars: Beware of Economic Disaster Merchants
What some pundits see as “propping up the bond market” are in reality desperate measures to prevent a major U.S. bank crisis.
What some pundits see as “propping up the bond market” are in reality desperate measures to prevent a major U.S. bank crisis.
Why is it so hard for the ECB to admit that inflation is a monetary phenomenon?
“As long as it takes” is the West’s strategy towards the war in Ukraine. The problem is that Russia itself has now made this its own strategy.
The EU is in for a fiscal framework showdown between reformists and abolitionists. Who wins? Europe’s economic future hangs in the balance.
With their economy in a recession, the Bundestag may be forced to subject the Germans to harsh austerity policies, whether they want it or not.
The U.S. Congress must make a choice—and make it now. Do they want to play fiscal defense and let the debt grow? Or do they want to play fiscal offense and solve the problem for good?
Last time Congress tried to end its own deficits, it ended up putting band-aid on a broken leg.
With two months left in 2023, the Federal Reserve and the ECB have struck a note of confidence with debt-market investors. This gives Europe hope as they slide into a recession, but will it help America avoid a fiscal crisis?
“Where the other parties talk about ‘coexistence’, we talk about assimilation and integration. Only in this way can conflict be avoided—everything else brings chaos and problems.”
The U.S. government has suffered its second credit downgrade. Given the reaction from the Biden administration, we can safely predict: this is only the beginning.
With their economy in a recession, the Bundestag may be forced to subject the Germans to harsh austerity policies, whether they want it or not.
The U.S. Congress must make a choice—and make it now. Do they want to play fiscal defense and let the debt grow? Or do they want to play fiscal offense and solve the problem for good?
Last time Congress tried to end its own deficits, it ended up putting band-aid on a broken leg.
With two months left in 2023, the Federal Reserve and the ECB have struck a note of confidence with debt-market investors. This gives Europe hope as they slide into a recession, but will it help America avoid a fiscal crisis?
“Where the other parties talk about ‘coexistence’, we talk about assimilation and integration. Only in this way can conflict be avoided—everything else brings chaos and problems.”
The U.S. government has suffered its second credit downgrade. Given the reaction from the Biden administration, we can safely predict: this is only the beginning.
71% of the respondents said NATO and the EU only follow their own interests and simply use Ukraine for their own purposes.
Good news! America has avoided a recession. But the Federal Reserve can still make one happen.
America is three years away from her 250th birthday. A tarnished nation, sometimes stumbling and grasping for a handle, we still haven’t lost our focus on the future.
A Europe without a common identity founded on Christian values is built on sand.
Judging from the comments by central bank president György Matolcsy, Hungary could join the euro in 2030 or soon thereafter. Would such a membership be good for Hungary?
The overall trend in the European economy points in the wrong direction. Therefore, it is a very bad idea to raise any taxes in the EU. It does not matter that the taxes the EU has proposed will fail to generate the revenue that the MEP tax grabbers are hoping for.
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