fiscal

This is a thematic post, I am also putting outside the paywall because there is a lot of chatter today about Spain needing to tap EU bailout funds this year. The messaging in the analyst community follows the thematic prediction I made in…

Warren Mosler presents some macro economic themes that will have implications for the investing and business climate.

In this issue of the newsletter I want to sketch out a scenario in which rather than analyze policy announcements or make predictions I try to lay out what are the various possible paths open to China. The scenario concerns trade. China’s…

This is a gold level post. So we've got a deal on the Greek restructuring. Everyone is talking about it. Here are the things to pay attention to.

This is a gold level post. According to the US Bureau of labor Statistics, nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent. Here are my thoughts on what this signals about the…

This will be a bronze level post. Everyone is talking about the Dutch Freedom Party these days. Geert Wilders, the head of the Freedom Party, is a bit like Marine Le Pen in terms of his appeal: anti-immigrant, nationalist and right wing. He…

Developments in the Netherlands may steal the limelight as the French election is still more than a month away. The key issue in the Netherlands is that last week, the Dutch Bureau of Economic Policy Analysis warned that next year's deficit…

Spain is on a bad course, with recognised debt about to surge rapidly, while investor confidence in the current administration is slipping. Time for another “game changer” I think, since otherwise this car is about to crash.

Will Germany lose its best friend in the Upright Brigade? And if so, will this encourage Greece, Portugal, Ireland, Italy and Spain etc. to question Germany-encouraged austerity policies? Spain’s prime minister has already said that the…

This is a silver level post. Spain is now fessing up that its going to miss 2012 targets as well as its 2011 deficit targets. For Credit Writedowns readers, this should come as no shock because I predicted this months ago. Here's the…