Let’s Face It: Austerity Can’t Work For Europe
Until the Euro Area will be stuck in this stagnation (or even recession) phase, it is completely insane to think of austerity as a possible way out of the crisis, the ratio debt/GDP will not…
Europe
Europe: Is Austerity A Serious Thing ?
It is now time for Berlin to realize that, at the moment, only Germany can afford to have austerity in its fiscal policy: all the other countries are just unable (or simply not willing) to…
Europe: Will We Ever Be As “Rich” As We Were Before ?
The Trueconomics blog gives us the scariest chart we’ve seen in a while on the Euro Area: can you imagine what Europe has lost in terms of GDP per capita ? (original publishing date 10/20/14)…
European Inflation Expectations Have Never Been This Low
Where will inflation be in 5 years ? The market has a very clear answer to that question: it will be too low compared to what ECB wants (original publishing date: 10/13/14) This chart shows…
Lessons From 15 Years Of Japanese Deflation
European governments are lucky, they have a good example of what happens when an economy enters a deflation “moment” (can we call 15 years a “moment” ?) after a heavy economic crisis, why isn’t anyone…
France To Miss Budget Goal For (At Least) Two Years
Not that bad Monsieur Hollande… France announce that it will miss european target deficit for 2014 and 2015, and do you know what’s the funniest news ? This is actually the most clever move Hollande…
The Future Is Not Bright For Europe
In the following months, there’s not a single indicator pointing at a recovery in the Euro Area economy, and investor sentiment is crashing European financial markets surely look way healthier than its rotten “real” economy,…
Will Euro Area Still Be “Not Recovering” In 2017 ?
Take a moment to think about it: can the German yield curve tells us how exactly the crisis is going to move in the Euro Area in the next years ? (original publishing date 08/29/14)…
Eurozone: Long-Term Inflation Is Going To Be A Serious Problem
When inflation expectations keep on moving lower, you cannot simply expect an economy to easily get better: long-term inflation should really worry everybody (original publishing date: 08/27/14) Try to forget, for a short moment, that…
The Miserable European Construction Sector
Recovery for the EU is just not happening: just a quick glance at the latest data on the construction sector would be really, really depressing for anyone What Brussels needs to understand is that whatever…