Some of the world’s largest economies are at the center of a bond market storm, as investor concerns grow that governments are making the necessary reforms to reduce uncomfortably high levels of debt. And how could they, after all, as growing social inequalities and the emergence of other major problems such as immigration lead electorates …
Tag: Britain
Markets demand fiscal discipline – US, France, Britain and Italy on the brink of the abyss
The fiscal position of many advanced economies has deteriorated dramatically, it is now a well-established picture. The nightmare of the debt crisis has shifted from peripheral economies like Greece to the major players. Recently, the spotlight has turned to the United States, where the “One, Big, Beautiful Act” has credited the White House with large …