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US Debt Matters, But The Euro Area May Create The Next Crisis

US Debt Matters, But The Euro Area May Create The Next Crisis Authored by Daniel Lacalle via dlacalle.com, The US $40 trillion debt has dominated global headlines. However, although the US fiscal challenges are relevant, we must remember an important lesson. Fiscal policy is not about who wins but who loses first. According to official… Continue reading US Debt Matters, But The Euro Area May Create The Next Crisis

US Debt Matters, But The Euro Area May Create The Next Crisis

US Debt Matters, But The Euro Area May Create The Next Crisis Authored by Daniel Lacalle via dlacalle.com, The US $40 trillion debt has dominated global headlines. However, although the US fiscal challenges are relevant, we must remember an important lesson. Fiscal policy is not about who wins but who loses first. According to official… Continue reading US Debt Matters, But The Euro Area May Create The Next Crisis