All posts tagged "Desmond Lachman"
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2021: The year of another eurozone debt crisis?
By Desmond Lachman Anyone who thinks that we are not on the road to another round of...
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Can the eurozone grow their way out of a debt crisis?
By Desmond Lachman Hope springs eternal in European policymaking circles about the ability of the Eurozone’s highly...
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Coming soon: Another eurozone sovereign debt crisis?
By Desmond Lachman Among the more disturbing economic consequences of the Covid-19 pandemic has been the dramatic deterioration in Europe’s public finances....
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The IMF’s economic crystal ball is broken
The IMF does not have a good record in anticipating global economic crises. In 2008, it was caught totally flatfooted...
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The coronavirus and the European economic challenge
With the Eurozone now in the midst of a second coronavirus surge, one economic prediction for the year ahead...
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The Most Predictable Global Financial Crisis
Though the impending emerging market debt crisis may be predictable, it may not be avoidable. In late...
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The EU Is Facing an Historic Economic Crisis Thanks to Coronavirus
At a time that U.S. health experts are warning of a dark U.S. coronavirus winter, one has to...
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IMF in fiscal policy fantasyland
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has responded to the COVID-19 economy by telling the IMF’s member countries to “spend...
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Brazil and Turkey: 2 canaries in the coal mine
Global economic policymakers taking comfort in the absence of a full-blown emerging market crisis in the wake of...
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Who wants to give Italy a free loan?
Every credit binge has a poster child—a bond that encapsulates the misallocation of resources caused by easy money....
