The magic money tree does not exist. Monetary policy is only disguising a structural and dangerous spending problem. This reckless behavior can only…
Continue readingThe measures implemented by governments in the eurozone have one common denominator: a massive increase in debt from governments and..
Continue readingThe same time as we see the largest support plan since WWII, we are witnessing two dangerous collateral effects: the rise of zombie companies and the collapse of…
Continue readingIf this crisis has told us anything, it’s that even the most bearish have been too optimistic…
Continue readingAmerica’s storage problems were already evident years before the COVID-19 crisis. The United States has a historic problem with the storage and…
Continue readingThis is a health crisis and a supply shock added to the forced shutdown of the economy. As such, policies aimed at boosting demand have…
Continue readingIt is ludicrous to try to stimulate demand with printed money and public spending in a forced lockdown… by Daniel Lacalle via Mises Wire Before analyzing the emergency plans that […]
Continue readingThere is no lack of monetary stimulus in the economy…
Continue readingGovernments are not going to disguise the real economic impact of the epidemic, rather the opposite. Aggressive shutdown measures will…
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Daniel shares his thoughts on the economy and why the Fed’s current policy does not favor the middle or working class. During our discussion, Daniel…
Continue readingThe next wave of action will be the full monetization of government excess because of the so-called “climate emergency” and “green deals”. Yet governments…
Continue readingThe idea that governments can’t lower taxes because there is a deficit, but are free to raise all expenses even if there is a deficit…
Continue readingIf we want a true alternative to fossil fuels that improves the environment, reduces emissions, and strengthens global welfare…
Continue readingIf we look at what is being discussed, it has nothing to do with “organic” expansion, and it looks a lot like a new repurchase program…
Continue readingNegative rates are likely one of the reasons behind the lackluster European growth…
Continue readingA few months ago many of us read about the theory of “the nuclear option”…
Continue readingSavers and investors are probably unaware of the rising layers of risk that are being built into the asset base…
Continue readingLagarde is a lawyer, not an economist, and a great professional, but the market probably interprets…
Continue readingThere are some elements that point to a slight weakness in the economy, but no need for a rate cut. Here’s why…
Continue readingThe endgame is not likely to be a 2008-style bang, but a slow, painful and unstoppable zombification of the global economy. Here’s why…
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