Anyone who says that Germany has a problem with competitiveness, that labour costs are too high or that we need to tighten our belts is contradicting the facts. Germany is still living below its means and continues to violate the rules of the EMU. Wages would have to rise more sharply than in the rest of the EMU for several years to give the other members a chance to regain at least some of the market share lost to Germany in the past.
Economics
David Graeber and David Wengrow: How to change the course of human history (at least, the part that’s already happened)
The story we have been telling ourselves about our origins is wrong, and perpetuates the idea of inevitable social inequality. David Graeber and David Wengrow ask why the myth of ‘agricultural revolution’ remains so persistent, […]
Finance
Eurostat: Contingent liabilities and non-performing loans in 2021
In 2020 and 2021, government guarantees provided to third parties in the EU increased notably, following the onset of the COVID-19 pandemic – especially in Germany. Read Here
Fake News
Haaretz: BibiLeaks: How Germany’s Bild Newspaper Became Embroiled in Israel’s Wartime Scandal
Bild, the best-selling German newspaper, is known for its strong support for Israel. So how did it become a pawn in an alleged conspiracy, orchestrated by Netanyahu’s office, to turn public opinion against a Gaza […]
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