Because Europe cannot escape the effects of the American debt it has first touched on the $40 trillion. The United States public debt, which has reached $40 trillion, is rapidly evolving into a problem for the whole world. The cost of lending governments internationally has been ejected in the last [...]
One of the most impressive acts of collective solidarity in economic history occurred in South Korea in 1998, when more than 3.5 million citizens delivered gold jewels, wedding rings, medals and family heirlooms in order to help the country cope with the deep economic crisis. ARTICLE SUMMARY A The gold collection campaign organised with state support, [...]
Tasos Dasopoulos's Overshoot of around 1% of GDP is expected to have the primary surplus of 2025 reaching 4.5% of GDP, compared with an official forecast of a surplus of 3.7% of GDP, Eurostat is expected to announce in a few days, along with the other financial data from last year. In particular, on the basis of the data collected [...]
