Italy’s Chaos May Endanger The EU A combination of economic, fiscal and political crises worries markets WASHINGTON – Italy is once again the problem country within the European Union (EU) and beyond. And this time...
No Serious Discussion About Entitlement Reform In The U.S. Posturing and grand standing hide the simple fact that no one in Washington wants to touch federal entitlements WASHINGTON – Much has been said about the first Trump budget recently released. The expected partisan critiques –in fact...
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...