Spain’s Dilemma (Continued)
Some month ago we commented on Catalonia’s attempt to secede. Here is an update. Spain’s debt has soared since the 2008 global... Read More
When Is Debt Beneficial And When Is It Too Much?
The answer to the above is subject of debate between economists. However, ask business owners, and most would probably agree that too... Read More
Why European Investors Should Be Worried About Catalonia!
Where or what is Catalonia? Well, it’s a very important province of Spain that includes Barcelona, the beautiful capital of Catalonia, where... Read More
Consequences Of NIRP
EXCERPT from MauldinEconomics.com The Bank Pays You to Borrow In normal times, you borrow cash from a bank and repay it slowly... Read More
Greece: Showing the way to Depression
The next phase of the Greek crisis is coming now. There are 3 million retired people and only 2 million working people... Read More
Puerto Rico: A Slow Motion Default
The Puerto Rico Government Development Bank (GDB) made a $355 million Dec. 1 debt service payment from money that it did not... Read More