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: Global Economy
A Weak US Dollar Will Not Make America Great
The US dollar has become the safest asset in the face of mounting evidence that the “beggar thy neighbor” policy and drowning structural problems in liquidity is coming to a close. Continue reading A Weak US Dollar Will Not Make America Great
Copper And Gold Say A Lot About Chinese And Global Growth
Weakness in Copper persists, and it shows the risks to optimistic global growth and inflation expectations. Continue reading Copper And Gold Say A Lot About Chinese And Global Growth
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