Massive government size does not necessarily mean massive fiscal deficits.
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Economics
Shaun Richards: The ECB is slamming the brakes on the Euro area economy
The situation is simply that the ECB made things worse by ignoring the incoming inflation storm and now seems set to continue tightening when the outlook is better. So they made it worse on the […]
Corruption
Norbert Häring: The Curious Silence of the British Media Regarding Mark Carney and the Secretive G30
Mario Draghi has been forced to leave the opaque G30. If the head of the ECB should not be there, why is the head of the Bank of England still a member? Read here
Finance
Bloomberg: Ex-HSBC Banker Pleads Guilty in $1.8 Billion French Tax Case
The former chief executive officer of HSBC Holdings Plc’s Swiss private bank pleaded guilty to helping wealthy clients hide assets worth at least 1.6 billion euros ($1.8 billion) as French prosecutors flex their muscles to […]
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