January 30th, 2015
in Op Ed
by Dirk Ehnts, Econoblog101
The IMF's Economic Counsellor and Director of Research Department, Olivier Blanchard, held a press briefing a few days ago in Beijing. He left another hint at a return of fiscal policy for 2015:
Let me end with risks to the forecast; there are always risks. The most obvious one involves stagnation in either the eurozone, or in Japan, or in both. In both, using the "three arrows", to borrow from Abenomics, is clearly the way to go, to use monetary policy, fiscal policy and structural reforms. What is true for Japan is just as true for the eurozone as well.
January 28th, 2015
in Op Ed
by Michael Haltman
In an article last week, 'Greece Election Sunday And Why The Entire World Is Watching!', the potential fallout from a Syriza party victory in the Greece election was examined:
'This Sunday the citizens of Greece will be voting in a national election that will serve as a referendum on the EU-invoked austerity program that the country has been living through!
At stake is the decision that a newly elected government might make to pull Greece out of the Eurozone in what has widely become termed Grexit.'
Written by Frank Li
The 114th United States Congress is now in session. Is the new Congress better than the last one? Perhaps! Will America be better off because of the new Congress? No!
The new Congress may be better, because Republicans will control not only the House, as they did last term, but also the Senate, which was not the case last time. Admittedly, as an independent, I do have a Republican-leaning voting record.