Fiscal Policy

Is Portugal the New Greece?

Is Portugal the New Greece?

7 mins. to read

Investors seem anxious, as they explore the implications stemming from the possibility of Portugal becoming another Greece. The general election culminated with the largest number of parliament seats being won by the centre-right coalition already in power, but still short of securing a majority. An emerging alternative coalition is on the cards, which may bring…

Time to Rethink Macro Policy

Time to Rethink Macro Policy

6 mins. to read

“So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.” – Martin Feldstein The time when physical money will be made illegal is not that far away, as central banks have now exhausted…

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