Germany’s Obsession With ‘Black Zero’ Fiscal Policy Now Borders On Psychosis
There has to be a pain threshold.
There has to be a pain threshold.
When it comes to what can save the world…
Maybe an outright, broad-based downturn would be more compelling.
“The signs of a recession in Germany are thickening”.
“We have a policy, that is not in question”.
Last week, I kicked off the first of five (and counting) articles about FTX and
Hong Kong shares succumbed to outright panic on Monday amid a bevy of concerns ranging
Russia kept its stock market shuttered for a third day Wednesday as the finance ministry
Serendipity is a funny thing. The Merriam-Webster definition is “the faculty or phenomenon of finding valuable
“But none of us as Americans wants to see China prospering”.
“The United States is only one recession away from joining Europe and Japan.
Everyone warned the president that pulling out of the accord was a potentially disastrous idea.
“I am an innocent man being persecuted by some very bad people.”
“That’s a brand name”.
It’s over folks.
“What is essential to understand is that it’s not a vast crowd of black or brown people keeping white Americans out of the colleges of their choice, especially not the working-class white Americans among whom Trump finds his base of support.”
The “black zero” fiscal policy is likely to hold.
“The recovery began with the cautious lifting of the lockdown at the beginning of May, but…”
Markets continue to throw off a veritable smorgasbord of consequential and amusing headlines.
“We won’t do things by half-measures”.
Good luck, Christine – you’re gonna need it.
“The problem is that they created a monster—literally erecting monuments to honor the zeroing out of deficits.”
“…the observed jump in the headline index flatters the sector’s current trajectory”.
“You are just a degenerate river-boat-gambler”.
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