France’s Fiscal Death Spiral: A Nation Incapable Of Reform It is surreal: political gridlock has driven France into a place where the far-left and the right vote together – and collectively push the government toward collapse… […]
By: Ryan M. Yonk & Thomas Savidge Public debt, sometimes called government debt, is money borrowed by governments. Like all debt, public debt finances spending today by borrowing on the promise to repay what is […]
The United States Deficit Road To Ruin The country is in a recession disguised by bloated deficit spending. Daniel Lacalle According to the U.S. Treasury, year-end data from September 2023 show that the deficit for […]
The Growing Pile of Public Debt Shows that Inflation Is Here to Stay By: Mihai Macovei After more than a decade of subdued consumer price inflation despite gigantic monetary and fiscal stimuli, last year’s surge […]
The Federal Reserve Is Taking Us into Uncharted and Deadly Waters By: William Levin At the Federal Reserve semi-annual testimony before Congress this week, Chair Jerome Powell should have been asked whether the Fed has […]
Biden’s Misery Index By: Michael Busler In the late 1970s, the U.S. experienced an economic condition known as stagflation. This meant the economy was not growing, yet prices were rapidly rising. One measure of just […]
ER Editor: We also recommend this piece from the same site going back a few years, titled Citizen debt audits: how and why? by Eric Toussaint and Damien Millet. Of note: The question of the repayment of public […]
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