Europe's Spending Binge Is Slowing Its Economy

When GDP growth, gross capital formation, and consumption are lower than what Keynesians would want, they always blame the alleged problem on “too much saving.” This is a ridiculous premise...

  • Oct 24, 2019 2:00 AM

Paul Craig Roberts: RIP The American Economy

"What America has is an economy stagnating in debt with a growing amount of consumer income diverted to the service of debt...An economy such as America’s has nowhere to go but down..."

  • Oct 21, 2019 9:05 PM