Europe Tried Its Own “Green New Deal” — It Was a Disaster
The Eurozone's massive "green" policy plan has the EU facing high unemployment, stagnating growth, and energy bills of twice as much as seen in the US.
The Eurozone's massive "green" policy plan has the EU facing high unemployment, stagnating growth, and energy bills of twice as much as seen in the US.
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.
Italy’s problems are yet to descend into a Greek-style crisis, but that is the direction of travel. And Italy is far more serious than Greece because of its sheer size.
It is easy to blame weakening global markets on Trump, but it would be dangerous to believe that's the real cause of the slowdown.
Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.
It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.
Argentina has all the ingredients to be a global leading economy, but current policy makes the country a promise that always disappoints.
The stage has been set for a global credit crisis. And the Eurozone is a time-bomb waiting to happen.
It is encouraging to see the rise of a popular politician willing to use his platform to openly call out the dangers of Marxist ideology.
The biggest “success” of the ECB has been the massive bailout of governments at the expense of savers.