A Monster EU V-Recovery is Coming! Some Day: Q4 – GDP down by 0.7% in the euro area and by 0.5% in the EU

It appears democracy is catching up with the Spanish central government in Madrid. First in Catalonia now in the Basque conuntry. Read here

Gross domestic product (GDP), 3rd quarter of 2024 +0.2% on the previous quarter (price, seasonally and calendar adjusted) +0.2% on the same quarter a year earlier (price adjusted) -0.2% on the same quarter a year […]

Fifty years ago, a US president closed the gold window, ended capital controls, and launched a new era of globalized finance. The “Nixon Shock” reshaped the international monetary system overnight, and then gradually changed the […]