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<title><![CDATA[Desmond Lachman - Articles - RealClearPolitics]]></title><link>http://www.RealClearPolicy.com/authors/rss/archive/16172.xml</link><description><![CDATA[Desmond Lachman]]></description><category domain="16172">Author</category><item>
							<title><![CDATA[Brace for 1930s-Style Economic Disorder]]></title>
							<link>https://nypost.com/2023/07/07/brace-for-1930s-style-economic-disorder-especially-if-interest-rates-keep-climbing/</link>
							<guid><![CDATA[https://nypost.com/2023/07/07/brace-for-1930s-style-economic-disorder-especially-if-interest-rates-keep-climbing/]]></guid>							
							<pubDate>Mon, 10 Jul 2023 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[There is every reason to think monetary-policy overkill would not be a good idea today as well.]]></description>
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							<title><![CDATA[Silicon Valley Bank's Failure a Warning for the Fed]]></title>
							<link>https://nypost.com/2023/03/11/silicon-valley-banks-failure-is-a-warning-for-the-fed/</link>
							<guid><![CDATA[https://nypost.com/2023/03/11/silicon-valley-banks-failure-is-a-warning-for-the-fed/]]></guid>							
							<pubDate>Sun, 12 Mar 2023 00:00:00 -0600</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[Silicon Valley Bank's failure Friday shined a spotlight on the large losses that the whole'&#'.ord('Ã').';''&#'.ord('‚').';' banking system has seen on investments in bonds as a result of rising interest rates.]]></description>
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							<title><![CDATA[It's Still the Economy, Democrats]]></title>
							<link>https://www.deseret.com/2022/4/24/23032535/perspective-the-political-mistake-that-will-cost-democrats-in-november-reagan-joe-biden-inflation</link>
							<guid><![CDATA[https://www.deseret.com/2022/4/24/23032535/perspective-the-political-mistake-that-will-cost-democrats-in-november-reagan-joe-biden-inflation]]></guid>							
							<pubDate>Mon, 25 Apr 2022 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[Both Ronald Reagan and Joe Biden had to deal with inflation. Here's what Reagan got right and Biden got wrong]]></description>
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							<title><![CDATA[Biden to Blame For Rising Prices, Including Gas]]></title>
							<link>https://nypost.com/2022/03/08/joe-bidens-spending-not-russias-sanctions-fueled-inflation/</link>
							<guid><![CDATA[https://nypost.com/2022/03/08/joe-bidens-spending-not-russias-sanctions-fueled-inflation/]]></guid>							
							<pubDate>Wed, 09 Mar 2022 00:00:00 -0600</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[President Joe Biden's wild spending is what caused inflation, not Russian sanctions.]]></description>
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							<title><![CDATA[The Federal Reserve's Everything Bubble]]></title>
							<link>https://thehill.com/opinion/finance/498573-the-federal-reserves-everything-bubble</link>
							<guid><![CDATA[https://thehill.com/opinion/finance/498573-the-federal-reserves-everything-bubble]]></guid>							
							<pubDate>Wed, 20 May 2020 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[A key point to which Powell is choosing to turn a blind eye is the great likelihood that the very depth of the current economic recession will burst asset price bubbles around the globe.]]></description>
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							<title><![CDATA[How Brexit and Hong Kong Could Influence 2020 Election]]></title>
							<link>https://thehill.com/opinion/international/464500-brexit-hong-kong-and-the-us-elections</link>
							<guid><![CDATA[https://thehill.com/opinion/international/464500-brexit-hong-kong-and-the-us-elections]]></guid>							
							<pubDate>Sun, 06 Oct 2019 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[An unfavorable Brexit or China's use of force in Hong Kong before year-end could roil both the U.S. and global financial markets and put paid to Trump's hopes of reelection by denting the U.S. economy.]]></description>
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							<title><![CDATA[UK Is One Step Closer to Crashing Out of Europe]]></title>
							<link>https://thehill.com/opinion/international/445520-the-uk-is-one-step-closer-to-crashing-out-of-europe</link>
							<guid><![CDATA[https://thehill.com/opinion/international/445520-the-uk-is-one-step-closer-to-crashing-out-of-europe]]></guid>							
							<pubDate>Mon, 27 May 2019 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[Global economic policymakers would be making a grave error were they to underestimate the consequences of a hard Breixt.]]></description>
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							<title><![CDATA[Watch Out for Popping Bubbles]]></title>
							<link>https://www.usnews.com/opinion/economic-intelligence/articles/2017-07-28/federal-reserve-wades-into-uncharted-territory-by-cutting-its-balance-sheet</link>
							<guid><![CDATA[https://www.usnews.com/opinion/economic-intelligence/articles/2017-07-28/federal-reserve-wades-into-uncharted-territory-by-cutting-its-balance-sheet]]></guid>							
							<pubDate>Sat, 29 Jul 2017 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[Europe Faces a Difficult Year Ahead]]></title>
							<link>http://www.realclearmarkets.com/articles/2012/12/26/looking_ahead_europe_faces_a_difficult_2013_100059.html</link>
							<guid><![CDATA[http://www.realclearmarkets.com/articles/2012/12/26/looking_ahead_europe_faces_a_difficult_2013_100059.html]]></guid>							
							<pubDate>Wed, 26 Dec 2012 00:00:00 -0600</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[Hope springs eternal about Europe's ability to finally resolve its sovereign debt crisis. For despite a double dip economic recession and despite the clearest of signs of austerity fatigue, the markets appear to be buying European policymakers' reassurances that the worst of the crisis...]]></description>
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							<title><![CDATA[Unintended Spanish Consequences]]></title>
							<link>http://blog.american.com/2012/06/unintended-spanish-consequences/</link>
							<guid><![CDATA[http://blog.american.com/2012/06/unintended-spanish-consequences/]]></guid>							
							<pubDate>Tue, 12 Jun 2012 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[RSS FEEDSign up for the daily american.com newsletterBy Desmond LachmanEurope's desperate attempt this weekend to shore up the Spanish banking system with a '&#'.ord('Â').';''&#'.ord('€').';'100 billion loan ahead of the all-important Greek parliamentary elections on Sunday, June 17 appears to have backfired. For...]]></description>
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							<title><![CDATA[Interest Rates Shouldn't Tempt More Borrrowing]]></title>
							<link>http://blog.american.com/2012/06/why-low-interest-rates-shouldnt-tempt-u-s-into-more-massive-borrowing/</link>
							<guid><![CDATA[http://blog.american.com/2012/06/why-low-interest-rates-shouldnt-tempt-u-s-into-more-massive-borrowing/]]></guid>							
							<pubDate>Mon, 04 Jun 2012 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[RSS FEEDSign up for the daily american.com newsletterBy Desmond LachmanAmong the more striking fallouts from the deepening Euro crisis has been a massive global flight to the safety of U.S. Treasury bonds. This flight has resulted in a decline in U.S. 10-year sovereign yields to an all...]]></description>
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							<title><![CDATA[Euro Debt Crisis Is About to Get Worse]]></title>
							<link>http://www.american.com/archive/2012/april/the-next-and-more-serious-phase-of-the-european-crisis</link>
							<guid><![CDATA[http://www.american.com/archive/2012/april/the-next-and-more-serious-phase-of-the-european-crisis]]></guid>							
							<pubDate>Mon, 23 Apr 2012 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[While markets are again correctly obsessing over Italy and Spain'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'s poor economic growth prospects, as reflected in markedly higher government bond yields for those two countries, they seem to have taken their eye off two upcoming political events that could usher in a new and more...]]></description>
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							<title><![CDATA[A Wave of European Defaults Is Coming]]></title>
							<link>http://www.american.com/archive/2011/august/obama2019s-european-economic-time-bomb</link>
							<guid><![CDATA[http://www.american.com/archive/2011/august/obama2019s-european-economic-time-bomb]]></guid>							
							<pubDate>Mon, 08 Aug 2011 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[The intensification of the European debt crisis could not be occurring at a worse time for President Obama. There is now every prospect that a wave of European sovereign debt defaults will occur within the next six to twelve months, or just as the 2012 U.S. presidential election gets...]]></description>
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							<title><![CDATA[A European Economic Tsunami]]></title>
							<link>http://www.realclearmarkets.com/articles/2011/05/11/a_european_economic_tsunami_99015.html</link>
							<guid><![CDATA[http://www.realclearmarkets.com/articles/2011/05/11/a_european_economic_tsunami_99015.html]]></guid>							
							<pubDate>Wed, 11 May 2011 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[The European sovereign debt crisis is now entering a critical phase, which U.S. economic policymakers would be ignoring at their peril. For this crisis has the real potential for delivering the severest of body blows to an already enfeebled European banking system. And if there is one...]]></description>
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							<title><![CDATA[Repeating Europe's Charade?]]></title>
							<link>http://www.american.com/archive/2011/march/repeating-europes-charade</link>
							<guid><![CDATA[http://www.american.com/archive/2011/march/repeating-europes-charade]]></guid>							
							<pubDate>Sun, 20 Mar 2011 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[There is every indication that markets will soon force Portugal to follow Greece and Ireland and request a bailout from the International Monetary Fund (IMF) and the European Union (EU). By the time this happens, one must hope that the IMF will have learned from its disappointing...]]></description>
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							<title><![CDATA[Europe: Till Debt Do Us Part]]></title>
							<link>http://www.american.com/archive/2011/february/till-debt-do-us-part</link>
							<guid><![CDATA[http://www.american.com/archive/2011/february/till-debt-do-us-part]]></guid>							
							<pubDate>Thu, 17 Feb 2011 00:00:00 -0600</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[Since the wake of the Greek economic crisis early last year, there have been ever-growing signs of strain in the rocky marriage between Europe'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('™').';'s so-called peripheral countries and those at its core. Events now playing out in Dublin and Berlin suggest that the European marriage is...]]></description>
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							<title><![CDATA[What Jobs? Cognitive Dissonance at the WH]]></title>
							<link>http://www.forbes.com/2009/11/06/jobs-economy-bailout-opinions-contributors-desmond-lachman.html</link>
							<guid><![CDATA[http://www.forbes.com/2009/11/06/jobs-economy-bailout-opinions-contributors-desmond-lachman.html]]></guid>							
							<pubDate>Sat, 07 Nov 2009 00:00:00 -0600</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[One has to hope that the Obama administration does not believe its own rhetoric about the supposed success of its fiscal stimulus program in generating new jobs. For while the administration assures us that the fiscal stimulus is generating new jobs according to schedule, the U.S. labor...]]></description>
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							<title><![CDATA[Government Spending Could Spell U.S.'s Doom]]></title>
							<link>http://www.forbes.com/2009/08/12/public-spending-finances-economy-debt-opinions-contributors-desmond-lachman.html</link>
							<guid><![CDATA[http://www.forbes.com/2009/08/12/public-spending-finances-economy-debt-opinions-contributors-desmond-lachman.html]]></guid>							
							<pubDate>Fri, 14 Aug 2009 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[History is littered with examples of major economic and financial crises in countries that have engaged in profligate public spending. These sad experiences should be raising red flags in the U.S. Public finances suggest that the country could very well be on the path to either a...]]></description>
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							<title><![CDATA[Obama Is Stuck In an Economic Box]]></title>
							<link>http://www.american.com/archive/2009/july/obamas-economic-box</link>
							<guid><![CDATA[http://www.american.com/archive/2009/july/obamas-economic-box]]></guid>							
							<pubDate>Wed, 15 Jul 2009 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[U.S. Resembling Argentina, Russia]]></title>
							<link>http://www.washingtonpost.com/wp-dyn/content/article/2009/03/25/AR2009032502226.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/wp-dyn/content/article/2009/03/25/AR2009032502226.html]]></guid>							
							<pubDate>Thu, 26 Mar 2009 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
							<description><![CDATA[Back in the spring of 1998, when Boris Yeltsin was still at Russia's helm, I led a group of global investors to Moscow to find out firsthand where the Russian economy was headed. My long career with the International Monetary Fund and on Wall Street had taken me to "emerging markets"...]]></description>
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							<title><![CDATA[Memo On The Meltdown]]></title>
							<link>http://www.forbes.com/opinions/2008/09/15/economic-crisis-president-oped-cx_dl_0915lachman.html?partner=rcp</link>
							<guid><![CDATA[http://www.forbes.com/opinions/2008/09/15/economic-crisis-president-oped-cx_dl_0915lachman.html?partner=rcp]]></guid>							
							<pubDate>Tue, 16 Sep 2008 00:00:00 -0500</pubDate>
							<author>Desmond Lachman</author>
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