Everybody says we have an inflation problem. Everybody is wrong. What we have is a relative price problem.
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Finance
German Foreign Policy: “In China for China”
German companies – from car giant Volkswagen to SMEs – are making their plants in China independent of bases in Europe. Immunising operations against new Western sanctions raises German investment in China to record levels. […]
EU politics
Thomas Fazi: Giorgia Meloni is no radical
A good analysis of the Italian election. Well worth reading. Read Here
Economics
David Wallace Wells – How the West Lost COVID
A long but outstanding article. How did so many rich countries get it so wrong? How did others get it so right? Read here
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