Excessive Public Debt is killing the Middle Income class – the “lifeblood” of Consumption April 25, 2024 Every promise by politicians to increase public spending – and especially those concerning social transfers – resonates positively with voters. These promises may win…
Why does GDP growth equal population growth and productivity growth? November 23, 2023 Even before the advent of the Covid-19 pandemic, the world had entered a strange phase, where the demographic pyramid after many generations was being…
Tough years ahead for low-income families in Britain September 14, 2023 Britons are likely to experience the worst fall in living standards since at least the 1950s. Low-income families will see their budgets and purchasing…
The “sneeze” of the Chinese economy causes “pneumonia” in the Global economy August 3, 2023 When the usually frugal Xi Jinping comes out and says he wants to make China’s atmosphere “better and stronger” for business, it’s clear that…
The Chinese economy is entering a phase of stagflation July 20, 2023 Although China’s National Bureau of Statistics speaks of signs of a “good dynamic recovery”, new data on the Asian giant’s economy do not leave…
Why is Greece missing the train of real Growth and Prosperity? June 15, 2023 A management use of low quality by the Greek governments sometimes dangerous or even scandalous, a decision of the European Parliament for example to…
The Eurozone is in a technical recession June 8, 2023 The Eurozone economy contracted marginally by 0.1% in the first quarter of 2023 compared to the previous quarter, against a previous estimate of 0.1%…
High Interest rates and tighter Credit will make the Economy worse in 2024 June 8, 2023 The World Bank revised upward its forecasts for the growth of the global economy in 2023, as the US, China and other major economies…
The American Economy is headed for Recession May 4, 2023 The announcement of the Institute for Supply Management’s April 2023 State of US Manufacturing report wasn’t exactly what we’d call “good news.” And the…