All posts tagged "Desmond Lachman"
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The Japanification of the US economy
In the 1990s, Japan suffered a lost economic decade of highly disappointing economic growth and price deflation. It did so...
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What happens when the days of low interest rates and strong global liquidity end?
By Desmond Lachman According to an old Wall Street adage, when the winds are strong even turkeys...
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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...
