Real default is knocking louder and louder on the American door
On May 2, just before the key rate was raised to 5.25%, the U.S. Department of the Treasury sounded the alarm because the U.S. government...
U.S. financial system is at a crossroads between bailing out banks and lowering inflation
The U.S. financial leadership, at first glance, seems to have been very successful in fighting inflation and recession. Thus, dollar inflation slowed to 5% in...
The abnormal decline in the global economy: temporary difficulties or the end of the “prosperity era” in Europe?
2022 was a year of total economic crisis throughout the world. No country’s economy was spared by the crisis, and wealthy Western countries were most...