In one of its latest issues, the Financial Times called gold “Trump’s top asset.” Traders and investors expected the arrival of the new president to be accompanied by market behavior for every taste – a strong dollar, a boom in crypto, or a jump in the yield of US government bonds – but the reality turned out to be different. We only see records …
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Who will foot the bill for higher defense spending in the EU?
The arrival of the new US government and its signals that the US military presence in Europe may be about to be withdrawn have caused violent reactions on the old continent. On March 4, the President of the European Commission (EC) Ursula von der Leyen officially announced the “ReArm Europe” initiative with a budget of 800 billion euros to improve …
More »Guns vs. Oil: Balancing Defense and Healthcare Spending Since 1945
In the area of public finances, the classic "guns versus oil" dilemma - choosing between military might and social welfare - has long been at the heart of budget debates. Over the past 80 years, governments around the world have allocated trillions to both defense and health, but not always to the same extent. In …
More »Vance's sincere message to Europe: Give up the information war and get out of here
Author: NS Lyons America’s fight against the deep state is an international conflict in which Britain and Europe have been active proxies. This will no longer be tolerated. The political elite of Europe and the Anglosphere seemed shocked by J.D. Vance’s extremely frank speech in Munich last month. The American …
More »The upcoming attempt to adopt the euro involves a fake budget for this year and accounting manipulation for last year.
Author: Stefan Raychev Antonov By submitting the draft budget for 2025 from the regular cabinet of Rosen Zhelyazkov, the second consecutive finance minister sacrifices his reputation and allows himself to look ridiculous in the eyes of the professional community. In the name of Bulgaria adopting the euro, Temenuzhka Petkova offered an even more absurd explanation of how …
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EKIP– Expert Club for Economics and Politics A Different Opinion