The Turkish Lira collapse should have surprised no one. Yet, in this bubble-justifying market, it did. Continue reading Turkey Could Create A Larger Crisis Than Greece
Category Archives: Europe
Europe needs to “harmonize” to Ireland, not to France
Whenever we talk about tax cuts and growth-oriented tax programs in Europe, many tell us that “it is not possible” and that the European Union does not allow it.
However, it is false. Attractive, growth-oriented tax systems are not only possible in the European Union, but those countries that implement them have higher economic growth rates, less unemployment, and a first-class welfare state. Continue reading Europe needs to “harmonize” to Ireland, not to France
Brexit. May’s Way Is Not The Only Way
If there is anything that we have learned from the development of the British economy since the Brexit referendum is that doomsayers were wrong. Continue reading Brexit. May’s Way Is Not The Only Way
The Eurozone’s Coming Debt Crisis
The European Central bank has signaled the end of its asset purchase program and a possible rate hike before 2019. After more than 2 trillion euro of purchases and zero interest rate policy, it is overdue. Continue reading The Eurozone’s Coming Debt Crisis