European Central Bank – Schirach Report

Sinking Japan Keeps Adding To The National Debt Japan has no trouble selling 30 year bonds at a nominal interest rate

WASHINGTON – As we Americans watch with growing concern our crazy presidential elections politics, other crazy things are happening...

WASHINGTON – Maersk, (based in Denmark) is the largest shipping conglomerate in the world. Their business is to transport...

WASHINGTON – The US stock market, while not doing great, is still up. And yet the US economic outlook...

WASHINGTON – Until a couple of days ago, most economists bet that the US Federal Reserve would finally begin to...

WASHINGTON – Imagine this. There are lots of chronically sick patients in the hospital. Many of them are deteriorating...

WASHINGTON – The sovereign people of Greece, in their wisdom, just decided to give another chance to Alexis Tsipras...

WASHINGTON – With all the excitement surrounding the Greek debt farce, (yes, it is mostly a farce), most observers are...

WASHINGTON – The latest round of negotiations aimed at solving the Greek crisis (Yes, 6 years later we are...

WASHINGTON – The worst part of the economic “new normal” created by the massive central banks interventions is that we...

WASHINGTON – Here is today’s Europe. Stagnating economies, non-existent innovation, high debt caused by unaffordable pensions and other...