Arrogance, jealousy, rage, laziness, greed, greed, lust. These are the seven deadly sins from which, if the sinner is not “cleansed”, he will be deprived (according to Dante) of Divine Grace and will be led to the eternal condemnation of his soul. What are the sins that the poor consumer pays today in all the …
Tag: economy
The New Forms of Labor Market after the Pandemic Era
The end of the pandemic that led to an unprecedented global crisis enables countries’ governments to restart their economies by learning from what they experienced through the crisis, always taking into account the potential of each economy they manage. The changes can be neither immediate nor excessive. The aim is to change the direction of …
The Global Economy is losing Momentum
The outlook for the global economy does not seem to be so favorable given the significant challenges it has to face. More specifically, the problem of inflation is major at the moment with most analysts believing that the phenomenon is temporary and once supply chain problems normalize, striking a balance between supply and demand, inflation …
Boosting Inflation in the EU is Accelerating the Implementation of New Fiscal and Monetary Policies
Both the ECB and especially the governments of the EU member states must deal with two serious issues after the further strengthening of inflation in the Eurozone. The pressure that is already being exerted and will continue to be exerted most strongly on the actual disposable income of households. In weakening the competitiveness of companies …
The Prospects for the Recovery of the Eurozone / EU Economy are Difficult
Based on expectations in various key sectors of the EU economy, inflation is expected to increase across the Eurozone as a whole. This is due: 1) At the expected higher energy prices. 2) In the wider increase of all prices of commodities and food, respectively. 3) The rise in prices due to increased levels of …
Increase in Total Demand or Recurrence of Inflation in the U.S.
US President Joe Biden, to pull the US economy out of recession, triggered by repeated economic shutdowns and social distancing in 2020 aimed at tackling the Covid-19 pandemic, has promised to promote a giant fiscal support package to boost activity in the economy equal to 9% of US GDP. The Weak overall demand in the …
Magic Picture the Drastic Reduction in the Percentage of Bankrupt Businesses in the EU
The repeated economic shutdowns and social dimensions imposed on EU member countries during 2020, which will continue into the second half of 2021 and until 70% of their populations are vaccinated, have caused untold damage to millions of businesses (family, small and medium-sized and large) in the catering-hotel sectors, tourism, air transport, retail trade, etc. …
How an Economy Adapts to Economic Shutdowns
It is a fundamental fact that anything organic that takes a negative hit, its sensitivity in the first stage must immediately adjust its performance by reducing its activity accordingly. It is then gradually adjusted and when a second or third negative hit is achieved the organic element is fully adapted and works effectively at the …
Pandemic Forces Governments to Adopt Socialist Economic Policies
The ever-increasing implementation of the monetary policy, which, due to the pandemic and its measures to deal with economic shutdowns and social isolation, in other words the continuous printing of money, is being used to cover the damage caused to economies while providing state aid to both workers and businesses (in the form of subsidies …
The Problematic Course of the Eurozone (EU) Economy and the Proposed Corrective Policies
The indications to date for the euro area economy raise reasonable concerns, increasingly removing the scenario for a recovery of its V-shaped economy and increasingly approaching the scenario of slow and uneven K-shaped growth. At the same time, the governments of the euro area member countries are particularly concerned about the further recession that the …