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Innhold levert av Steve Keen & Phil Dobbie, Steve Keen, and Phil Dobbie. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Steve Keen & Phil Dobbie, Steve Keen, and Phil Dobbie eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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Why is the US economy doing so much better than Europe?

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Manage episode 441701119 series 2359878
Innhold levert av Steve Keen & Phil Dobbie, Steve Keen, and Phil Dobbie. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Steve Keen & Phil Dobbie, Steve Keen, and Phil Dobbie eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Europe and the US are both recovering from the same problem – COVID and the inflation that followed. But last week the Fed in the US dropped interest rates by half a percent, with markets expecting a soft-landing for the US economy. Europe, meanwhile, is struggling, with Germany’s economy heading backwards for more than a year. So, when the big difference when both economies are coming from the same place? Steve Keen tells Phil Dobbie that the US would be struggling just as much if it restricted itself to the Maastricht rules on fiscal policy and government debt. Instead, Joe Biden spent big on the Inflation Reduction Act.

Hosted on Acast. See acast.com/privacy for more information.

  continue reading

574 episoder

Artwork
iconDel
 
Manage episode 441701119 series 2359878
Innhold levert av Steve Keen & Phil Dobbie, Steve Keen, and Phil Dobbie. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Steve Keen & Phil Dobbie, Steve Keen, and Phil Dobbie eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Europe and the US are both recovering from the same problem – COVID and the inflation that followed. But last week the Fed in the US dropped interest rates by half a percent, with markets expecting a soft-landing for the US economy. Europe, meanwhile, is struggling, with Germany’s economy heading backwards for more than a year. So, when the big difference when both economies are coming from the same place? Steve Keen tells Phil Dobbie that the US would be struggling just as much if it restricted itself to the Maastricht rules on fiscal policy and government debt. Instead, Joe Biden spent big on the Inflation Reduction Act.

Hosted on Acast. See acast.com/privacy for more information.

  continue reading

574 episoder

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