Commentary
The measures implemented by governments in the eurozone have one common denominator: a massive increase in debt from governments and the private sector.
The Euro logo is seen in front of the European Central Bank (ECB) in Frankfurt am Main, Germany, on Jan. 10, Daniel Roland/AFP via Getty Images
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Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
