Tag Archives: austerity policies

Why Brexit?

Financial FAQs Brexit, the British vote to exit the European Union, was precipitated by many factors, including Brit’s fear of loss of sovereignty due to the Schengen requirement that it open its borders to citizens of other EU countries.  And … Continue reading

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The Clinton Growth Presidency

Popular Economics Weekly It’s remarkable. Donald Trump chose Detroit to make his economic speech, where he accused the Clintons of causing Detroit’s employment problems with their trade policies. Is he kidding? The Detroit Big Three automakers didn’t lose jobs because … Continue reading

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Why Did Brexit Happen?

Popular Economics Weekly The shortest answer is the Great Recession and austerity policies of EU policymakers. The result will be a Lessor, or Little Britain, which was inevitable given the austerity policies greatholding sway in the EU. What austerity policies? … Continue reading

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An End to Austerity—Part II

Financial FAQs The Senate voted on Tuesday to start talks with the House about a compromise highway funding measure. Lawmakers are facing a Nov. 20 deadline for renewing federal infrastructure funding. Both chambers have passed bills that would guarantee at … Continue reading

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Don’t Count On Inflation Moving Federal Reserve

Popular Economics Weekly The Federal Reserve didn’t raise interest rates today at the close of their FOMC meeting. In fact the 9-1 vote against raising rates wasn’t even close. So don’t count on inflation to save the day for the … Continue reading

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Greece’s Great Depression

Financial FAQs This may seem facetious some 6 years into recovery, but many policy makers don’t seem to understand the severity of the Great Recession, or its consequences. It is the major reason why Greece, and many other Eurozone countries … Continue reading

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What Would Save the Euro?

Popular Economics Weekly Now that Greece has voted NO on the latest European Commission-European Central Bank-IMF proposal (the so-called troika), will Greece stay in the Eurozone? If so, Greece may save the euro. Why is this choice even necessary when … Continue reading

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