German bond yields have soared, with the 10-year bund yield rising to around 2.83%, a jump of 51% from the level of December 2023. In the...
Developed nations’ government debt is gradually losing its place as a reserve asset for global central banks. This is a monumental change in financial and monetary...
If a government or central bank had the unequivocal objective of maintaining or strengthening the purchasing power of the currency they issue, they would never...
It is difficult to understand how citizens demand more economic power for governments when fiscal policy fails abjectly, as we have seen in Europe. We need...
Most financial media have received Mario Draghi's document on the future of Europe's competitiveness with enthusiasm this week. However, it is the recipe for secular...
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