The loss of cheap gas from Russia played a part, but decisions in the boom years are now being questioned. For most of this century, Germany racked up one economic success after another, dominating global […]
A US government shutdown would negatively affect the country’s credit, credit rating agency Moody’s has warned, one month after Fitch downgraded the United States by one notch on the back of a debt ceiling crisis. […]
If we search the news from 2007, we can find plenty of headlines with the IMF and the Federal Reserve predicting a soft landing. No one seemed to worry about rising imbalances. The main reason […]
The world is headed toward Central Bank Digital Currencies (CBDCs) and everybody knows it, even the people who don’t want them (which at the moment looks to be most people). But the policy-makers have deigned […]
By Teeuwe Mevissen, Senior Macro Strategist at Rabobank Summary China’s combined debt (Government, corporate and household) is more than 300% of GDP China’s local government debt has been rising sharply for years and is seen […]
As the winds whip through the canyons of Chicago’s skyscrapers, a storm is brewing between the city’s derivatives powerhouses like DRW, IMC, CME, and Cboe, and a new mayoral administration desperate to fill its half-a-billion-dollar […]
Those who have been predicting a recession in the United States and an associated stock market crash seem to be having a hard time. At least, it appears so. US gross domestic product grew by 2.1 percent […]
As the clock turned 12:01am on Friday, the United Auto Workers (UAW) began their strike against Ford and General Motors. Not all union workers left the assembly line as part of the “rolling strike,” where some workers […]
President Biden is trying to explain Bidenomics. I will help him out a bit here with a summary. Economics is a challenging field of study, and I hope this may help you explain Bidenomics to people who […]
As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency to stop.” Case in point: fiat money political regimes. Interventionist economies of the West are in a fatal downward […]
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