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    How Trump, Starmer and Macron can avoid a debt crunch

    America’s gross national debt is $36trn, or $107,000 per person. It is rising fast and will probably soon be rising even faster. If...
    Finance

    What Scott Bessent’s appointment means for the Trump administration

    At last, white smoke has emerged from Mar-a-Lago. Two and a half weeks after the election and more than a week since it...
    Finance

    What Donald Trump and Bernie Sanders get wrong about credit cards

    Democrats spent much of the presidential-election campaign calling Donald Trump a fascist. Mr Trump is hardly known for his conciliatory nature. So few...
    Finance

    Computers unleashed economic growth. Will artificial intelligence?

    Almost two years have passed since OpenAI released GPT-3.5 to great fanfare. Bill Gates, co-founder of Microsoft, compared the technology’s arrival to his...
    Finance

    Should investors just give up on stocks outside America?

    Spare a thought for the analysts, bankers and fund managers who make a living from European shares. If your salary depends on talking...
    Finance

    Is China really a nation of slackers?

    China is famous, even infamous, for hard graft. Prodigious amounts of toil and elbow grease helped the country become the workshop of the...
    Finance

    Donald Trump’s gas war is about to begin

    It could annoy some of his most loyal supporters
    Finance

    Our Big Mac index shows how burger prices differ across borders

    The big mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level....
    Finance

    Vladimir Putin is in a painful economic bind

    Most central banks are cutting interest rates. Not Russia’s. Last month policymakers raised rates to 21%, a two-decade high; markets expect them to...
    Finance

    How to make Elon Musk’s budget-slashing dreams come true

    ELON MUSK and Vivek Ramaswamy are keen to whip the American government into shape. On November 14th their newly created Department of Government...
    Finance

    Economists need new indicators of economic misery

    WHEN JIMMY Carter, the Democratic candidate for American president in 1976, wanted to criticise the record of the incumbent Gerald Ford, he reached...
    Finance

    Why financial markets are so oddly calm

    One thing nobody thinks of Donald Trump’s return to the White House is that it will herald four years of quiet, predictable government....
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