Will the US Government Shut Again? What to Watch
The short-term solution reached last month to extend the US federal government's funding expires on Thursday.
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Browsing Tag
immigration
Trump’s working class sellout, tactical nuclear weapons, government shutdown, tax reform and…
Since Donald Trump became president, his core economic agenda has been sidetracked repeatedly by so-called cultural issues. However, now the administration is stepping up its tax reform effort. Even so, other issues threaten to derail this…
Europe’s delusional economic policies
Yesterday three big things happened in three different eurozone economies that I think are interrelated. And I am going to tell you what I believe they mean for the European political economy by tying them together in this post under the…
A Q&A With Prime Economics’ Jeremy Smith on Brexit, Immigration and Democracy
On Monday, UK Prime Minister Theresa unveiled her vision for Britain’s exit from the European Union. The Prime Minister couched her outlook in positive terms, speaking of Britain leaving the EU but remaining in Europe. She spoke of EU…
Theresa May: Britain will definitely leave the EU
British Prime Minister Theresa May set out details for her vision regarding the UK’s relationship with the EU In a speech today that will please those that campaigned to leave the EU. The Prime Minster, as expected, made clear that this…
Hammond’s ‘whatever it takes’ strategy for a hard Brexit
On Friday, I wrote why, unlike Bank of England Governor Mark Carney, I believe the economic threat of Brexit to the British economy is now higher. The gist of my remarks was that an actual trigger of Article 50 under hard Brexit…
The British political landscape after the EU referendum
This is going to be a quick post to update you on where I think things are headed now that we have the two final candidates for UK Prime Minister. My overall view continues to be that the base case is for a moderate negative economic,…
Democratic values in the EU and the rise of the German right wing
In the United States, the Republican Party is baffled by how their electorate has favoured Donald Trump for nomination for President in 2016. Equally, the Democrats are scurrying to quell the massive inflow of votes to Bernie Sanders, whose…
Britain, Brexit, and sovereignty
A destabilized Europe adversely impacts the UK within or without the EU. The UK is tied to Europe in ways that leaving the EU will not sever. Ironically, the UK may find it has less sovereignty if it leaves the EU than within it.
On Greece’s eventual exit from the eurozone
I don't think it's a big secret that I believe Greece will eventually leave the eurozone. I have said this repeatedly. But I have also written that I do not believe that Greece would attempt to do so while Europe's economic crisis is…