In this sixth episode of my video-blog, we discuss the difference between currency and trade wars, why we have seen a rise in protectionism since 2008 and why tariffs can be a threat but a dangerous weapon. Continue reading Trade and Currency Wars. Governments’ Hidden Subsidies To Obsolescence. World Economics Episode 6
All posts by Daniel Lacalle
Negative Rates Have Damaged Banks, But That Is Not The Worst Effect
Different members of the ECB state that effects of monetary policy on banks’ profitability have been “broadly neutral”. Many also refer to papers defending that banks lend more under a negative rate scenario. Continue reading Negative Rates Have Damaged Banks, But That Is Not The Worst Effect
The G-20 Summit Will Not Change The Slow Growth Trend
The G20 Summit is likely to generate many headlines and few concrete measures. However: Continue reading The G-20 Summit Will Not Change The Slow Growth Trend
Does the US need a rate cut? No.
There is absolutely no need for a rate cut. Continue reading Does the US need a rate cut? No.