us economy

US shutdown

No money to pay the bills

MADRID | By JP Marin Arrese | Markets are largely disregarding the Tea Party zealots’ threat to shut down both the Federal administration and the country’s ability to honour its obligations. They bet a last-ditch attempt to find a compromise, will break the current deadlock.

Playing God with the US economy

WASHINGTON | Two online games posted in two regional Federal Reserve’s banks (San Francisco and Atlanta) enable us to forecast that the extremely accommodative US monetary policy will continue for a long period of time.