Tag Archive: Politics

How Italy will fail and drag down the European Project

2016-02-23

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2016-02-23

Italy is big enough to matter (it is the eight largest economy on the planet), but so uneventful that most does not pay any attention to what is going on there. We contend that Italy will, during the next year or two, be on everyone’s radar screen as it has the potential to derail the European project for real.

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How the Fed gave away its independence – Interest Rate Sensitivity at ZLB

2015-11-15

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2015-11-15

In fiscal year 2014, which ended September 30 2014, the Federal government of the United States reported a cumulative deficit of US$484 billion, while the total debt outstanding increased by more than a trillion dollars. For fiscal year 2015, the dif...

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