The aggravation of international tensions should not make us forget the current fragility of the economic and financial balances in which the stability of the dollar and the resulting confidence must play an essential role. In the past, taxes were successively assigned three missions: to finance public spending, then to contribute to the redistribution of income to correct inequalities, and finally, with the application of Keynesian principles, to act on economic activity by stimulating investment and household consumption through the budget deficit.

After decades during which wealth accumulated, even if it was not evenly distributed, and the exchange of goods ...

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At a time when the debate on public debt in France is becoming increasingly tense, the situation in the United States does not seem to attract much attention. However, the results are not very bright and the threats to the world economy are therefore real.  The federal debt in 2024, to which we would have to add the debt of the federated states, if we want to make comparisons, reached 98% of GDP in 2024 and the forecasts for 2035, with no change in policy, 125%. The federal deficit in 2024 amounted to 6.4% of GDP and could reach ...

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We remember. That was in 1974. Richard Nixon had to resign as President of the United States. It was then proven that his party, with his support, had spied on his competitor, the Democratic candidate, in 1972 during the presidential campaign that had led him to the White House. The site of these misdeeds was a building located in Washington, the Watergate Office Building, hence the name, taken up by the media and today by the history of the scandal. Nearly twenty years later, President Clinton was accused of having had a sexual relationship with one of his aides, Monica ...

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