Draghi to Brussels: do whatever it takes or the EU is toast. Irish inflation, American debt and the mystery of still too high Euro interest rates.
The Other Hand15 Sep 2024

Draghi to Brussels: do whatever it takes or the EU is toast. Irish inflation, American debt and the mystery of still too high Euro interest rates.

Irish inflation this week confirmed that the economy is showing few, if any, obvious signs of overheating. Prices are still going. up but at their slowest pace in a long while. That said, prices are 20% higher than we saw pre-pandemic.


Memo to economists: don't pretend you know what causes inflation.


European interest rates are still too high.


When does government debt matter? 100% of GDP? 300% of GDP? As always, it all depends! But the US is adding to its debt in a most reckless and unsustainable manner.


The Draghi report is worth reading at least twice. It is incredibly hard hitting. Europe's economy is falling far behind the US. His message to Euope's policymakers: do whatever it takes to catch up. Otherwise, the European project risks failure.

Hosted on Acast. See acast.com/privacy for more information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(533)

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
rss-skravla-gar
utbytte
rss-pa-konto
finansredaksjonen
lederpodden
pengepodden-2
rss-orjasater
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
livet-pa-veien-med-jan-erik-larssen
stormkast-med-valebrokk-stordalen
liberal-halvtime
rss-markedspuls-2
flypodden