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October 4, 2025
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Category: Europe

The ECB Launched Its Own QE – But Growth Expectations Will Not Be Met Eueope needs serious pro-growth reforms. And they are not coming. The idea that even lower interest rates will trigger growth is foolish

WASHINGTON – Here we go. European Central Bank (ECB) President Mario Draghi launched his own version of QE, or “Quantitative...
Economy, Europe, International, Public Policy, US

Fiscal Stimulus Does Not Work –Yet We Keep Applying It Stimulus funds are badly used. Capital is wasted, debt grows, and the economy does not benefit

WASHINGTON – “If economic troubles are approaching, put together a big stimulus package”. This is the universally accepted prevention/remedy therapy...
Economy, Europe, International, Public Policy, US

Anti-Islam Movements Gaining Ground In Europe Muslim terrorism reinforces growing xenophobia. Expect clashes

WASHINGTON – As terrible as they are, the Paris terror attacks are not that surprising. There are several Islamic...
Europe, International, Politics

Greece Once Again Threatens Europe’s Financial Stability A possible new leftist government will reopen the debt reduction deals. This possibilty exposes the Eurozone's fundamental weakness

WASHINGTON – Greece is again in the news, and for bad reasons. Early elections (to be held on January...
Economy, Europe, International, Politics, Public Policy

In Rome Municipal Guards Do Not Show Up For Work 83.5% produced fake excuses in order to avoid working on New Year's Eve

WASHINGTON – From tragedy to farce Italy has it all. Sadly, there is the daily tragedy of the hapless...
Education, Europe, International, Politics

How The Europeans Destroyed Their Economies America should learn from this example. Avoid taking the same path, or you get the same results

WASHINGTON – We all know that most European economies are doing poorly or very poorly. Indeed, in the new normal...
Economy, Europe, International, Politics, Public Policy, US

George Osborne: Bring Debt Under Control This should be self-evident. But in today's world still dominated by Keynesian doctrine most policy-makers would disagree

WASHINGTON – In a WSJ op-ed piece, (How to Keep Proving the Economic Pessimists Wrong, December 15, 2014), George...
Economy, Europe, International, Politics, Public Policy

Low Oil Prices Is The Only Bit Of Good News For Most Western Countries Let's celebrate cheap gasoline. But let's find ways to grow our economies, whatever the price of oil will be

WASHINGTON – Western financial and business publications are now celebrating the collapse of oil prices. This unexpected Christmas gift is...
Economy, Energy, Europe, International, Public Policy, US

Sudden Vacancy At The Pentagon Highlights Policy Confusion America needs to find agreement on national security priorities. But this is difficult, given the poisoned political climate

WASHINGTON – Former Senator Chuck Hagel, a fairly liberal Republican from Nebraska is no longer US Secretary of Defense. Several media...
Economy, Europe, International, Politics, Public Policy, Security, US

The Economy Grows Modestly, While Wall Street Is At An All Time High We have yet another bubble, this time caused by the ill-advised stimulus created by Central Bankers.

WASHINGTON – When it comes to US higher and higher stock prices I am struck by something truly odd,...
Economy, Europe, International, Public Policy, US
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