What does the dollarization of Argentina’s economy mean? November 23, 2023 Argentina’s economic quagmire was the focus of the country’s November 19 presidential election. And the citizens have decided that they want… radical solutions. That’s…
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…
USA: Agreement without substance, with the Public debt increasing June 8, 2023 The deal suspends the federal government’s borrowing limit to pay its obligations for the next two years. That is, until the beginning of 2025…
USΑ: What will happen if no agreement is reached on the debt? May 25, 2023 Negotiations continue in the United States between political parties to find a solution to the issue of the need to raise the debt limit…
The way of estimating the Nominal value of Public Sector Expenditures May 18, 2023 A few days ago, the IMF published a study on the impact of inflation on public finances (“The Effects of Inflation on Public Finances“,…
The South Eurozone on the red line due to the Explosion of Borrowing Costs May 5, 2022 Due to rising global and mainly European inflation, interest rates are generally rising as central banks fight inflation and this is certainly not a…
Greece Returns Rapidly to the Era of Financial Support Packages May 5, 2022 Greece, a member-country of the Eurozone/EU with 388 billion euros in public debt and a deindustrialized economy, is in danger of paying dearly for…
Inflation Losses January 27, 2022 Citizens of both the US and the EU have learned to live, in recent months, with the resurgence of the phenomenon of inflation that…
