Like zombies, eurozone states are lurching towards their next financial emergency
A slow-burning crisis in which insolvent banks prop up insolvent businesses is a dangerous – and very real – possibility.
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A slow-burning crisis in which insolvent banks prop up insolvent businesses is a dangerous – and very real – possibility.
ByDrawing parallels between recent price shocks and the fiscal turbulence of 50 years ago is misleading.
ByWhile Giorgia Meloni claims she wants her country to stay in the eurozone, its deep economic problems might pull her…
ByAs competing geopolitical blocs emerge, countries are increasingly turning to regional allies for trade and financial security.
BySix months ago US business executives were warning of an approaching economic “hurricane”, but it has failed to materialise –…
ByFor Europe, the German chancellor’s first year in office has been a series of broken promises and fractured relationships.
ByThe golden age of macroeconomists’ influence is over. But don’t expect establishment macro to go quietly.
ByLeaders must accept that the old economic regime is over, or face further disgrace.
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