That said I am not sure if a higher corporate tax is going to be beneficial. I would have preferred a global minimum tax on capital gains and dividend distributions.

Ireland refuses to commit to global minimum corporate tax plan

Completely disagree. Last time I checked I paid 52% in average on my personal income. In turn we get free school, free university, free doctors and a lot of other things. For everybody, that is. Not just for the wealthy. Coming from a hard working ...

Ireland refuses to commit to global minimum corporate tax plan

Even with the economy firing at all cylinders it can not stand on its own legs and need substantial capital injections. My goodness, where is this ending.

Muller - ECB to discuss raising regular QE when PEPP ends

Has it? Really? As I understand it its been granted 30 days to figure out a way to pay. Whereas I hope it succeeds I doubt it. But thats not the real problem. The real problem is that the morald hazard is once again ending with the people on the ...

Evergrande: Crisis-hit firm strikes China debt deal

Maybe. Some pray for it to happen. I dont.

ECB inflation outlook likely to be revised higher, Kazaks says

More broke than anybody else? It goes for the whole world that its loaded with toxic debt.

ECB inflation outlook likely to be revised higher, Kazaks says

To the point. It may come out a bit below estimates. But that doesnt change the essence.its a stellar number. 5%. Thats a lot!

Consumer Price Index - August 2021

Agreee. Never treated them as an advisor either. Some banks are better than others though. I move around due to personal circumstances. Danish citizen, just left London for Paris. I have never experienced anything worse than the treatment we get in ...

Banks Warn They’re Not Ready for ECB’s Historic Climate Tests

Those days where you considered your bank relations as financial advisor is long gone and they will never return. Sad but true.

Banks Warn They’re Not Ready for ECB’s Historic Climate Tests

If you want to keep shops open and city centers alive with other than fast food I suggest a higher VAT on online retailers. That will compensate the brick and mortar stores for the additional costs that online retailes doesnt have.

Almost 50 shops a day disappear from High Streets

He has a lot of manipulation to do to get CHEAP stocks

Holzmann: ECB In Position To Think About Reducing Pandemic Aid

Completely agree. If the policy makers dont watch out it will end like it did in the past. The Covid pandemic is probably the clearest example of all that something is screwed. During the Covid pandemic the financial policy has increased my assets ...

Wealth Inequality and COVID-19: Evidence from the Distributional Financial Accounts

Couldnt agree more. Many many years of laissez faire economic policy has made the wheels turning dependent on free money. We are addicted to it and if it changes we all know whats going to happen. So no. I agree it want happen. FED may reduce its ...

No taper tantrum this time?

No its hard times for the shorters and dr. dooms out there.

US Pending Home Sales Wane 1.8% In July

As I said earlier there is a big difference between the way highly skilled economists look at inflation and how people on the streets experience the realities. The FED keeps saying the inflation is temporary and they are right. Prices will not keep ...

Summers says Inflation Risks Are Greater Than Fed's Powell Recognizes

Why is it you want to know whether its good or bad? You dont trade the news but the charts. Trading the news is going to get you burned in the long run. So look at your charts and trade that instead of trying to make sense of the news and trade that. ...

Powell: Monetary Policy in the Time of Covid

In all fairness, Sweden is probably one of the worst examples you can find. You are right they stayed open but they were massively hit and unlike what you say the elderly were not protected well enough. Also it is worth noticing that the economy is ...

More small businesses are now eligible for loans of up to $5 million under an expanded federal...

I am sure it is a deadly decease for some. But more and more gets vaccinated and as such we should open up in a controlled manner. 4 millions dead. I am sure the number of people who will skuffer mentally from this forever (no socialising. Bankrupcy ...

A positive case of Covid-19 has been identified in the community in Auckland, health officials...

With this approach we will never return to a pre-pandemic world. The Covid will be around forever and we need to open up countries now. But likely not going to happen.

Asia Today: Sydney lockdown extended, masks required outside

Depends on how you tackle it. If you close down entire US again it will.

Powell: It is still unclear if the Delta variant will have a significant impact on the economy