Stephen M. Walt: The Predatory Hegemon

New orders in manufacturing: January 2025 (in real terms, provisional): -7.0% on the previous month (seasonally and calendar adjusted) -2.6% on the same month a year earlier (calendar adjusted) December 2024 (in real terms, revised): […]

“Kaye Wiggins in the Financial Times explains that private equity groups, including Blackrock, deliberately inflate the value of their own assets – by buying and then selling said assets to themselves. She shows that the […]

Following the 1990s post-reunification period and since the beginning of monetary union, Germany’s current account has grown substantially. In the crisis years, Germany’s lost about 15 percentage points of GDP in its external investments, but […]