In English there is the beautiful expression of the “elephant in the room”, which is very big, but seemingly not discovered by anyone. People talk about all kinds of things that are in the room, only the elephant does not appear. Even if in a china store with an elephant – to use a German elephant image – the cups just tumble off the walls, people tend to believe in an earthquake rather than in the role of the elephant.
Geopolitics
+972 Magazine: The spiraling absurdity of Germany’s pro-Israel fanaticism
As repression of Palestine solidarity penetrates every sector of life, the state’s liberal self-image is fast becoming a story Germans can only tell themselves. Read HERE
Economics
Evonomics – Anat Admati: It Takes a Village of Media, Business, Policy, and Academic Experts to Maintain a Dangerous Financial System
A mix of distorted incentives, ignorance, confusion, and lack of accountability maintain a dangerous financial system Read here
Economics
Dean Baker: China Adds More than $400 Billion to GDP in Q1, Trump Loses $25 Billion
The decline in US GDP reported for the first quarter is not a big deal, and it is very possible that it will be reversed when the data is revised over the next two months. […]
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