Spain has been an example of how to recover from the crisis and it cannot be an example of how to fall into recession.
See my comments at the European Parliament in this video.
All posts by Daniel Lacalle
Nuclear Option? China Has Already Lost A Possible Trade War.
I have commented several times on the errors of protectionism and trade wars. There is another problem. The major developed economies have allowed China to get away with its protectionism and interventionism measures because it was the engine of growth of the world economy. Continue reading Nuclear Option? China Has Already Lost A Possible Trade War.
Syria. Rising Geopolitical Risk, Humanitarian Crisis
In 1973, Hafez Al-Assad was the president of Syria. Between that year and 1982, the regime conducted a systematic terror campaign against the opposition, which culminated with the slaughter of up to 40,000 people after the rebellion of the city of Hama. Al-Assad remained in power until 2000, when he was succeeded by his son, Bashar , the current Syrian leader. During all those years, outrage and international criticism of the regime always ended in many words and little action.
Continue reading Syria. Rising Geopolitical Risk, Humanitarian Crisis
Addressing Market Concerns
In this short video we address the main risks that markets are discounting:
- Trade Wars
- Rate Hikes
- Global Slowdown