Recent problems with Silicon Valley Bank and Credit Suisse are examples of the stress that interest rate rises are putting on the financial system. But relaxing monetary policy now risks entrenching inflation.
It will take a vast New Deal of actual spending to lift Europe out of Coronavirus slump and head off a deflationary depression.
Nation states can act decisively when they wish to do so: the EU seems paralysed.
We present chapter and verse of seven ways in which Project Fear’s short-term warnings have turned out to be mistaken.
It is unmanly for him for him at once to gesture towards the heat of battle while creeping quietly towards the tents.
Do we really think in a world that is only getting more dangerous and more complex, we are better off alone, or as part of a team heading in generally the same direction?
The country’s suffering should be ended by bringing in a debt write-down and a new, free-floating currency.
Look, too, at the track record of EU Member States. In 2020, Germany’s highest court ruled on subordinating EU law to German law. The EU took no action.