EU Money To Stop African Migrants? The latest European plan is a sign of despair or stupidity WASHINGTON – The EU-Africa Summit just held in Malta was supposed to lead to some kind of understanding between...
Thanks To The Central Banks, The Equity Bubble Is Getting Bigger Governments are not engaging in serious economic policy reforms. Central bankers keep pumping in more liquidity. What will happen next? WASHINGTON – Imagine this. There are lots of chronically sick patients in the hospital. Many of them are deteriorating...
In Italy High Unemployment Is Good News Major media look for a "silver lining" where there is none WASHINGTON – If you really, really insist on finding the proverbial “silver lining” in rather depressing news, here is...
FT: “Corbyn Is A Disastrous Choice” The British Labour party has abandoned reality, taking refuge in peace and justice dreams WASHINGTON – Here is how The Financial Times sees the election of Jeremy Corbyn as the new leader of...
Despite GOP Opposition, Iran Nuclear Agreement Here To Stay Too much international momentum behind pact. Almost impossible to reopen the issue WASHINGTON – The acrimonious Washington debate about the Iran nuclear deal is mostly noise –and almost entirely for domestic...
Endless Migration To Europe From Africa And The Middle East This is not just about Syrian refugees. This is an economic migration from poor countries WASHINGTON – The recent headlines and TV images about throngs of desperate Syrian families trying to board trains in...
Italy’s Bad Growth Numbers Described As Good In the "New Normal" leaders and media proclaim that chronic under performance is totally fine WASHINGTON – When drastically reduced expectations become the “New Normal” lousy economic numbers in Western countries become acceptable, and...
Europe’s Refugee Crisis Getting Worse Immigrants coming into Europe do not add to the economy. They need services WASHINGTON – According to UNHCR, the UN refugee agency, so far in 2015 Europe received about 300,000 refugees who...
Ukraine Should Accept Defeat, Focus On Its Economy The futile attempt to resist Russia's aggression is simply ruining the country, with no gain WASHINGTON – The Ukraine story of brave pro-democracy forces resisting Russian aggression has turned into a horrible mess that...
The Enormous Value Of Subsidized Child Care Give women the opportunity to have a career and children WASHINGTON – Most advanced countries are experiencing low or very low fertility rates. Anything below 2.1 children per woman...