Now that its weaknesses are clear, the euro will remain a source of trouble rather than a path to political power.
The polls are very close, and voters have not yet locked in their decisions. The economy could rise more sharply than expected in the months ahead.
During the past four years, the United States Federal Reserve has added enormous liquidity to the US commercial banking system, and thus to the American economy.
The driving force of Europe's economic policy is the "European project" of political integration.
The driving force of Europe's economic policy is the "European project" of political integration.
European political leaders may be about to agree to a fiscal plan which, if implemented, could push Europe into a major depression.
The French government just doesn't seem to understand the real implications of the euro, the single currency that France shares with 16 other European Union countries.
The US appears trapped in a dangerous economic stalemate, as Republicans and Democrats harden their positions ahead of the 2012 congressional and presidential elections.
And even before that default occurs, interest rates on Spanish or Italian debt could rise sharply, putting these countries on a financially impossible path. The eurozone's politicians may learn the hard way that trying to fool markets is a dangerous strategy.
The Chinese government may be about to let the renminbi-dollar exchange rate rise more rapidly in the coming months than it did during the past year. There are two fundamental reasons: reducing its portfolio risk and containing domestic inflation.
America’s enormous budget deficit is now exceeded as a share of national income only by Greece and Egypt among all of the world’s major countries. And the economic downturn since 2008 is only part of the reason.
The US economy has recently slowed dramatically, and the probability of another economic downturn increases with each new round of data.
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