This is the perrect metaphor for Germany and its military. First the incorrectly identified a US drone and tried to shoot it down. Since its missiles misfired they fell into the sea. It appears that the German navy had previously released information that the ship had destroyed two enemy drones. Better yet, it has been discoverd that the munitions the frigate uses is no longer being produced and will soon run out. Welcome to today’s Germany.
Economics
Patrick Bigger, Federico Sibaja: Feasibility Pact?
A brewing sovereign debt crisis threatens to engulf as many as sixty-one countries in debt distress over the coming year. Aid flowing from the global North—which carries the most responsibility for the atmospheric carbon stock—to […]
Austerity
Frances Coppola: The terrible price of austerity
Was Hitler the product of austerity? In her blog Frances Coppola asks if austerity played an important role in Hitler’s rise to power. She comes to the conclusion that it did and warns: “Learn from […]
Finance
Chris Dillow: Class, sympathy & solidarity
The conviction of Ghislaine Maxwell has promoted some sympathetic headlines. Both ABC and CBS write of her “fall from grace” and the BBC of her “downfall”. All of which reflects Rachel Johnson’s attitude, that “it’s […]
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