The International Monetary Fund can be criticized for many things, but its analysis of countries’ debt risk tends to be worth a read.
In this case, the International Monetary Fund has once again warned Spain of the risk of reversing reforms and increasing imbalances. Continue reading Spain: IMF Highlights Rising Risks
Please find the complete interview here.
The fallacy of synchronized growth. Continue reading The Synchronized Growth Fallacy (Interview at Real Vision)
This post should be called “Five Charts And A Warning“.
Continue reading Five Charts That Show The Eurozone Slowdown
The US administration has avoided the debate on currency manipulation in the past years due to the impact of the financial crisis. Why? Because all major economies have tried to solve their imbalances through the same policies: massive liquidity injections and currency debasement. Currency wars were denied, but the “beggar thy neighbor” policy of the $20 trillion global monetary expansion is undeniable. Continue reading Is China A Currency Manipulator?