Reading an Op-Ed from the American Enterprise Institute concerning the issues facing the European economy and the tools (or lack thereof) available to the ECB for fighting them, I was reminded of a conversation that I had over the weekend. How I was asked, do you know when it tis time to get out of the […]
(Note: This article also appears at econintersect.com) This week both the Bank of Japan and the Federal Reserve will be meeting to chart the future course of interest rates! In the U.S. where prior to the recent small interest rate hike ZIRP or zero interest rate policy had been in place, speculation over whether the Fed will raise or stand […]
Summary: As the migrant crisis in Europe worsens serious steps to address it are being considered. One proposal is for passports to be required in order to cross from one EU country to another. Would such a drastic move spell the beginning of the end for the Eurozone as a viable entity? And if so […]
