By Pedro Sousa Make no mistake: what is happening between the European Central Bank’s Mario Draghi and the German government is extremely significant for economic growth and wellbeing across the whole of Europe. Mario Draghi, the president of the ECB … Continue reading Draghi Vs Germany: The ECB’s Head Needs To Win The Battle For Growth And The EU’s Survival
By Pedro Sousa As we examine the state of the global economy, information suggests we are in an era of very limited growth. Larry Summers might be right in describing this as “secular stagnation“. Does this mean we are facing economic crisis in 2016? Maybe not, but the global economy is vulnerable. Nowadays, most OECD governments don’t have the financial muscle to kickstart their economies towards higher growth. Plus, as we have seen within the EU, there is a lack of political union to agree to put more money into the economy. Lack of economic governance is hindering the potential … Continue reading Crisis or not?