Will fiscal policy save the US economy or torpedo it?
by Shaun Richards One of the features of the credit crunch era has been the shift in some places about fiscal policy. For example the International Monetary Fund was rather … Read more
fiscal
The Eurozone is incentivising fiscal irresponsibility with easy money, and low cost of debt is disguising lack of budget discipline
The Eurozone is incentivising fiscal irresponsibility with easy money, and low cost of debt is disguising lack of budget discipline pic.twitter.com/LdPgV8LjQj — Daniel Lacalle (@dlacalle_IA) June 15, 2019
REMAINDER: “Yes, but apart from the anti-democratic structures, censorship, bullying, fiscal currency fantasies & fading economy, what exactly have you got against the EU?”
by John Ward Another avalanche of evidence from The Slog about why – on every kind of moral, egalitarian, legal, democratic, libertarian, fiscal, financial and economic measure – a completely clean … Read more
Impending Italy Showdown With EU Is About Right To Stumble Into Fiscal Collapse Without Brussels’ Nanny State Supervision
via zerohedge: Following an unconfirmed report on Monday that Italy faces a €3.5 billion fine from the European Commission unless Europe’s largest sovereign debtor curbs its debt levels, moments ago Bloomberg … Read more
The IMF table of fiscal break even oil prices
via @staunovo: IMF’s latest fiscal break even oil prices: -Saudi Arabia USD 85/bbl -U.A.E. USD 65/bbl -Iraq USD 64/bbl -Kuwait USD 49/bbl -Iran USD 126/bbl
Mario Draghi and the ECB look for more expansionary Euro area fiscal policy
by Shaun Richards As we travel the journey that is the credit crunch era we pick up some tasty morsels of knowledge along the way. Some were provided by Mario … Read more
Employment, Housing starts, Euro slowdow, China fiscal, Semiconductor market
by WARREN MOSLER It will take another few months to know if this is just ‘noise’ or it’s about to go negative. If you average the last two months, for … Read more
Fed: ‘We are on an unsustainable fiscal path’
by The_Great_Flux Yeah no derp, and they caused it. 0% rates for 8 years under Obama, then suddenly the jack up the rate 6 times in a row once Trump … Read more
David Stockman: Central banks have created a “fiscal doomsday machine” … McAlvany on “the central bank gold rush” …
by John Rubino David Stockman: Central banks have created a “fiscal doomsday machine” … McAlvany on “the central bank gold rush” … Rick Rule: Palladium has “tremendous sp;
David Stockman – Central Banks Created Fiscal Doomsday Machine, Fed is Enemy of MAGA
Reagan White House Budget Director and best-selling author David Stockman says, “Yields are going to go up, and we are going to have a day of reckoning in terms of … Read more
Oops! $137B “Improperly” Paid Out During US Gov’t Federal Fiscal Year 2018
via aier.org: In fiscal year 2018, $137 billion was paid “improperly” by the federal government, according to arecent report. That number sums all the improper payments by what the government calls … Read more
“The End of Austerity in Europe”: What Happens When Demands for Fiscal Cutbacks Result in Violence?
There was a time when European governments couldn’t utter a fiscal policy statement without mentioning the word “austerity.” Now, the concept seems to have all but disappeared from public discourse. … Read more
Fiscal 2018: US States Spend Over $2T for the First Time Ever
NEW YORK (Reuters) – U.S. state spending topped $2 trillion for the first time in fiscal 2018, with Medicaid expenditures rising the most along with a significant increase in transportation … Read more
Stockman: The Nation’s Fiscal Doomsday Machine Is Now Unstoppable
Authored by David Stockman via The Economic Policy Journal, Earlier this year the Donald provoked a bleep-hole moment per the Fox “family channel” or what was otherwise known as the … Read more
FOUR THINGS to know ahead of Apple fiscal Q4 earnings: An EPS-less preview
by TheMacroEvent Apple reports Q4 earnings on Thursday, November 1st, after the bell. Here are a few things to watch for: 1. iPhones? iPhones iPhones are it. They are the … Read more
Fed Threatens To RESTRAIN Growth! – Powell Warns Of Fiscal CRISIS
Josh Sigurdson talks with author and economic analyst John Sneisen about recent news out of the Federal Reserve as the Fed basically threatens to restrain growth. Jerome Powell, chairman of … Read more