Tag Archives: Mario Draghi

Dante Ruffalo Alicia Moritz January 28

STICK TO THE EURO, NOT THE GYRO

The Troika is a reference to the International Monetary Fund (IMF), European Central Bank (ECB) and the European Commission (EC).  The troika is the economic powerhouse in charge of the bailout funds for southern European nations.  They are not a well liked group by citizens in these desperate countries because they control the purse strings […]

Alicia Moritz Dante Ruffalo February 28

SOBERING LOOK AT ITALIAN ECONOMICS

Italy is not alone among southern European countries with economic strife.  In fact, they are relatively well off compared to neighboring Greece, Spain and Portugal.  But that isn’t saying much. Italy’s GDP growth for 2013 was -1.8 percent.  Unemployment remains above 12.7 percent and the 10-year-government bond rate is 3.59 percent. Although these numbers are […]

Dante Ruffalo

Unparalleled Macroeconomic and Geopolitical Analysis