The EU is running out of other people’s money
There was the €750 billion-plus Coronavirus Recovery Fund, designed to help member states bounce back from the pandemic. There is...
archivedebt
Germany’s audit court slams Lindner’s ‘special funds’ — again – POLITICO
Germany’s Federal Court of Audit does not buy Finance Minister Christian Lindner’s back-of-the-envelope calculations for maintaining the so-called debt brake....
The Future of Dollar Hegemony
Exorbitant Privilege The U.S. dollar has dominated global financial markets since the end of World War II. Almost 60 percent...
Relief for UK’s Jeremy Hunt as robust economy again keeps lid on borrowing – POLITICO
LONDON — The United Kingdom is borrowing a lot less than it expected to when Chancellor Jeremy Hunt put together...
Opinion: The debt supercycle that hit the U.S. and Europe has now come for China
The 2008 financial crisis in the United States kicked off a debt supercycle, which spread to Europe in 2010 and has...
Fasten your seatbelts – the global economy is heading for turbulence
How markets will cope with this is unclear. It has already prompted the question of what constitutes a risk-free asset?...
The Trump-loving economist vowing to shake up Argentina’s financial system
The peso went into freefall after the first round presidential primary results were announced, in which Milei gained more than...
Finland’s ex-EU commissioner Olli Rehn apologizes for albino remark – POLITICO
Olli Rehn — the governor of the Bank of Finland, a former European commissioner and a contender to be his...
Does Credit Card Debt Mean Consumers Are Tapped? | MarketMinder
In our experience, not many things garner the public’s attention like a big round number, and publications we follow sure...
Don’t be fooled – America’s finances are just as perilous as Britain’s
There is every chance that whoever wins the next presidential election will take a similar attitude to the budget deficit...
