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Economy (page 8)

January 27, 2021 5:30 am

The Next Stimulus Check Should Be a Credit Card

If Congress is aiming for a short-term economic boost, they should make it harder for people to save their stimulus…
John Gustavsson
January 21, 2021 5:30 am

Get Ready for the Emerging Market Bubble to Burst

Fueled by unprecedented global liquidity, asset prices in emerging markets don’t reflect the fundamentals.
Desmond Lachman
December 18, 2020 5:30 am

Has the European Central Bank Been Handing Out Illegal Bailouts?

The German Constitutional Court might think so, and it might be right—and that would spell trouble.
Desmond Lachman
December 16, 2020 5:30 am

The Coming Re-Employment Crisis

Congress and the Biden administration need a re-employment strategy that puts workers first.
Brent Orrell and Matt Leger
November 23, 2020 5:30 am

The Most Predictable Global Financial Crisis

Though the impending emerging market debt crisis may be predictable, it may not be avoidable.
Desmond Lachman
November 12, 2020 5:30 am

Budget Deficits Still Matter

Several of the world’s most indebted countries seem to think they can grow their way out of any amount of…
Desmond Lachman
October 27, 2020 5:30 am

Who Wants to Give Italy a Free Loan?

With global financial markets awash in cheap credit, Italy is issuing zero-interest bonds and hoping that it can somehow avoid…
Desmond Lachman
October 21, 2020 5:41 am

Fifty Trillion Reasons Why

How to understand the massive transfer in wealth to the top 1 percent—and what to do about it.
Gregg Hurwitz and Marshall Herskovitz
October 15, 2020 5:18 am

Brazil’s Public Spending Problem Is a Warning for Us All

The country was already in trouble before COVID-19. Now a currency crisis seems unavoidable.
Desmond Lachman
October 5, 2020 5:22 am

The European Central Bank Can’t Save the European Economy by Itself

The bank’s single mandate of price stability could create more economic instability in the long run.
Desmond Lachman