Ever-Higher Debt
There has been a remarkable turnaround in the perception of the dangers of public deficits and debts. This has gone from extreme alarm at the beginning of the decade towards […]
The Trump Economy Half A Year After The Tax Cuts
Half a year after the tax cuts the economy is on sound footing and unemployment at multi-decade lows. Proponents of the tax cuts claim they are responsible for an economic […]
The U.S. Is Broke!
Debt scares once again resurface with US public debt at historically high levels and entitlement spending set to increase further. Some argue the US is basically broke. We will try […]
Is That Italian Time Bomb Under The World Economy Still Ticking?
Two years ago, we warned about one of the biggest threats to the world economy. Is the situation contained? For now it is, but only that – there is some […]
US Federal deficit shrinking fast
As Hatzius notes, the deficit is currently running under half the peak of the fiscal 2009 budget and will probably decline further over the next few years with no additional […]