Tag Archives: economy

Will Italy’s Finances Shake Europe?

Five Star leader Di Maio still has not learned that comments which may go down well during an election campaign can easily backfire for a senior politician in office.

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How the Merkel Government Makes up Its Statistics

In reality, German government debt levels have been going up during Merkel’s 12-year reign – and this despite a booming economy.

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The Dangers of US Style Financial Engineering

Financial engineering has paid much better dividends for corporations than actual engineering. For the health especially of the U.S. economy, this needs to be reversed.

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“Cool” Germany, Really?

The Economist’s recent feature on today’s Germany as a model for all of Europe was fake news. The signs of crisis – mainly a widespread complacency – are already visible in financial markets.

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Minimum Wage Clauses in Trade Agreements: Barking Up the Wrong Tree

It can feel very rewarding emotionally to blame Mexicans (and other foreigners) for one’s economic plight. It is far less satisfying to yell at robots.

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Economic Reason Returning to Turkey?

The surprisingly strong interest rate hike in Turkey makes a recession even more likely.

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Russia’s Plan to Raise Stalin-Era Pension Ages Draws Opposition

Russians worry that they will not live to collect their pension due to the proposed age increase. But to what extent is this true?

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Turkey’s Next Challenge: How Bad Can Inflation Get?

How Turkey’s central bank plans to regain market confidence that it will eventually hit its 5% inflation target again remains a mystery.

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Germany Finally Fit for the Euro

German fiscal bliss: Debt to GDP ratio can fall to 60% this year.

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The Only Way to Fix the US Trade Deficit

Solutions exist for Trump to address the U.S. trade deficit effectively. But he will never implement them.

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