The Miracle of the Polish Economy without the Euro

Poland’s economy surpassed $1 trillion last year, capping decades of dynamic growth that contrasts sharply with the fragile economies of its much larger European neighbors, such as Germany or France. The milestone, confirmed by data released by the country’s statistics office on Friday (January 30), likely put Poland among the world’s top 20 economies by …

Mercosur: What is and what does the agreement with the EU mean?

The agreement between Mercosur and the European Union is causing strong reactions from representatives of the primary production sector. The agreement between Mercosur and the European Union was voted on, which all representatives of the primary production sector opposed. But what is Mercosur and why are farmers and livestock farmers reacting? What is Mercosur? Mercosur …

The Dangers of the Huge Stimulus Packages Coming to the US and Eurozone

Both the US and European economies are preparing to receive strong fiscal and monetary stimulus packages, without even being in recession, as is traditionally the case when such stimulus packages are implemented in the economy. Trust Economics specifically refers to the following stimulus packages: Markets are already reacting… In the past two weeks, markets have …

US Energy exports to the EU decreased

The real dynamics of energy trade between the US and the EU demonstrate a discrepancy between political statements and actual market processes. According to detailed industry statistics, over the past four months – from September to December – the European bloc countries have reduced their purchases of oil and liquefied natural gas from American suppliers …

Inflation is slowly and painfully killing the middle-income class

In a speech in July, Harvard University professor Gregory Mankiw laid out with brutal honesty what needs to happen to end the unsustainable accumulation of debt in the United States. The options are five: Logic dictates that some combination of these will be inevitable. These potential solutions are common throughout the developed world. Through a …

The “drama” of the Greek Economy

The economic policy of the Mitsotakis government is limited to ensuring fiscal surpluses and there is no concern for the development of the private sector of the economy. The combination of a policy of containing fiscal spending and increasing tax revenues with a non-existent private sector undermines the growth rate, deprives incomes and jobs, causes …

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