Stagnant Europe Entering 2015
Welcome back to The Liberty Bullhorn – the starting point of economic freedom on the internet! While this year is promising for many, especially Americans who have a steadily improving job market to...
View ArticleECB Plans Deficit Monetization
When the euro was introduced more than 15 years ago it was marketed as the rock-solid currency that would beat the sterling, the U.S. dollar and the Swiss franc as the world’s safe haven for investors....
View ArticleEuropeans Are Still Unemployed
The production of macroeconomic data from the European Union for the last two quarters of 2014 is a bit slow. The main source, Eurostat, took until last week to release GDP data for the third quarter,...
View ArticleThe Day When the ECB Gave Up
And so it begins: The European Central Bank will plough €1.1 trillion into the eurozone economy in a last-ditch attempt to breath [sic] life into the European economy. At its monthly governing council...
View ArticleWeak Growth – No Recovery
Recently Eurostat released national accounts data for the third quarter of 2014. Here is a review of those numbers in the context of historical GDP data. All growth rates are in 2005 chained prices....
View ArticleEuropean GDP Disappoints Again
After a delay with its national accounts publications, Eurostat has now caught up. Fourth-quarter numbers are beginning to sip out, with the following press release last Friday: Seasonally adjusted GDP...
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