Author: nick

Europe is now openly admitting it faces a stagflation shock, but this crisis did not suddenly appear because of the Iran war. The war merely accelerated a collapse that was already well underway due to years of catastrophic policy decisions. Valdis Dombrovskis, European Commissioner for Economy and Productivity, described the situation as a “stagflationary shock” as oil prices surged again on fears the conflict could drag on and destabilize energy markets further. I have warned repeatedly that Europe was heading into a depression long before a single missile flew in the Middle East. Germany was already in industrial decline. Manufacturing across Europe…

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Thank you very much. It’s an honor to be here, and I’d like to thank the Ronald Reagan Presidential Foundation and Institute for inviting me to join you. Of course, this year’s forum carries special significance as we celebrate 250 years of the American story. But milestones of this magnitude demand more than ceremony. Source link

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