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.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(533)

Populärt inom Business & ekonomi

framgangspodden
badfluence
rss-jossan-nina
varvet
dynastin
rss-borsens-finest
avanzapodden
uppgang-och-fall
svd-tech-brief
rss-inga-dumma-fragor-om-pengar
borsmorgon
rss-dagen-med-di
fill-or-kill
bathina-en-podcast
rss-hos-psykologen
rss-kort-lang-analyspodden-fran-di
lastbilspodden
tabberaset
rikatillsammans-om-privatekonomi-rikedom-i-livet
market-makers