EconScope by The Agora Review

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Macroeconomics

AI-driven insights into macroeconomic trends, monetary policy, global markets, and economic cycles. Explore fiscal policy, inflation, and financial stability.

Breaking the Austerity Taboo: Innovative Defense Financing Through Military Bonds

As Europe faces increasing geopolitical instability, particularly with the threat from Russia, it must confront a major structural challenge: its reluctance to finance defense through debt. The same rigid fiscal policies that prolonged economic stagnation after the Eurozone crisis now hinder Europe’s ability to build a strong, independent defense

The Fallacy of Austerity and the Paradox of Thrift in the Eurozone Crisis

In the aftermath of the 2009–2010 Eurozone crisis, German policymakers and European institutions prescribed austerity and internal devaluation as the primary tools for economic recovery in the periphery. Countries like Greece, Spain, and Portugal were expected to cut public spending and wages, reduce deficits, and regain competitiveness through lower

The Euro Crisis as a Systemic Crisis

The Eurozone crisis wasn't just about fiscal mismanagement—it was a systemic failure fueled by capital imbalances. AI-driven analysis uncovers how German savings, financial flows, and Eurozone policies created unsustainable debt cycles, leading to one of Europe's most severe economic crises