The Challenges that the US Economy will face in 2024 January 4, 2024 US economic data show fiscal derailment as debt servicing costs rise, which will cast doubt on US geopolitical commitments to Ukraine and Israel, but…
The FED serves Wall Street (and capital gains taxes), not the Real Economy December 21, 2023 Nobody likes tough macro events, especially during the holiday season, but some things need to be said, according to Trust Economics. As you know,…
The FED Won’t Help ‘Bidenomics’ – Interest Rates and the 2024 Elections December 21, 2023 In recent years, Jerome Powell stood firm on the monetary principles he espoused: The Fed was prepared to do whatever it took until inflation…
USA: Black hole in the US economy – Impossible to finance Ukraine December 21, 2023 The “black hole” in the American defense economy risks swallowing the economy of the superpower, and the role of the “global policeman” is called…
FED: Vicious economic cycle with interest rate hikes leads to a crisis-crash like 1930s December 14, 2023 The Fed’s “medicine” of lowering interest rates appears to be killing the sick American economy. The credit crunch due to unprecedented tight monetary policy…
USA: At 1.695 trillion dollars, the Federal Government Budget deficit soared October 26, 2023 A deficit of 1.695 trillion. dollars for fiscal year 2023 the US government announced, which was up 23% from the previous year as revenues…
Growth based mainly on Debt is not Growth September 7, 2023 Very bad days ahead for the world economy due to the excessive US debt, as the US keeps increasing its debts to continue to…
Greek Economy: An Economy that produces nothing and owes 404.7 billion euros August 24, 2023 Greece has an apparent economy, based on tourism at 18.8% of GDP and 28% together with all regional and seasonal professions and with an…
Spain: The Effectiveness of major Tax cuts and Benefits to fight Inflation July 6, 2023 While Europe is still groaning under high inflation, in Spain it has fallen well below the ECB’s “magic” target of 2%. In June, inflation…