The nominal GDP of the United States is expected to reach $32.4 trillion in 2026, compared to just $23 trillion for the European Union, according to forecasts by the International Monetary Fund (IMF) (World Economic Outlook, Global Economy in Crosscurrents of War and Technology) . This means that the combined economies of the 27 EU …
Tag: economy
Greece’s Debt Structure is Holding It Hostage
Greece has taken out loans under English law worth 216 billion euros and these must be repaid and replaced with government bonds over a period of approximately 44 years, that is, they will be financed by the markets, banks and international investment funds. Due to this reality, the Greek debt cannot be reduced in substance …
Germany loses AAA rating
Germany is expected to take on more than 1 trillion euros in additional debt by 2030, while its economy remains almost stagnant and its economic model is in crisis due to competition from China. Rating agencies may downgrade the country’s credit rating. In this case, the effects could also reach citizens, significantly lowering their standard …
The US is driving Japan into bankruptcy – The debt crisis in September
The US Treasury Department is joining forces with Japan to confront investors betting against the yen: but who really holds the stronger bargaining chips — Washington or Tokyo? At the same time, it seems that the dollar system under Trump has become toxic and threatens the US’s closest and most stable ally, having been driven …
The plunge in the yen and debt bring economic crisis to the Land of the Rising Sun
Japan, with its huge debt and the yen’s slide, is bidding to be the star of the biggest economic and financial crisis in human history. The political career of Japanese Prime Minister Sanae Takaichi is sinking almost as fast as the yen these days — and the two developments are closely linked. The yen has …
Trump tariffs cost US households and businesses $100 billion a year
The new tariffs imposed by the administration of US President Donald Trump are expected to cost American consumers and businesses more than $100 billion annually, according to new economic estimates, as Washington escalates its protectionist trade policy again. The new tariff policy is being implemented at a time when international markets are already being tested …
Inflation (CPI) and GDP of an economy do not show the true picture that prevails in society
Inflation and GDP, two key economic indicators, are often presented as objective measures of well-being, but their interpretation is not always as neutral as it seems. In the public economic narrative, their use has at times led to distortions that affect the perception of real purchasing power and growth. Milton Friedman’s critique is gaining renewed …
China is gradually abandoning American debt, fearing a collapse of the US economy
For the first time since the end of World War II, the dollar is no longer seen as the sole and undisputed foundation of the international economy. It is not yet a collapse. But it is a gradual erosion of confidence that is spreading from the world’s largest economies to the central banks of emerging …
The world is moving from a regime of deflationary globalization to a regime of geopolitical inflation
Investors around the world continue to act as if the AI boom is more important than the bond market. And they are giving US President Donald Trump the opportunity to counter the high gas prices with record performance on Wall Street – where the richest 10% of households own 90% of the stock market. The …
Risk of hyperinflation in the US – The Persian Gulf Kingdoms will not buy surplus dollars, but yuan
Geopolitical developments affect the global economy in real time and the US no longer has the power to deal with the consequences of the crises it causes. We are already in a new era and the war with Iran is probably the last one that America makes as a superpower. Although the stock market has …