The German current account surplus of probably 7 per cent of GDP in the current year is an unparalleled scandal. However, it becomes a real political catastrophe when Germany accuses countries that have fairly balanced balances, such as China, or even high current account deficits, such as the USA, of mercantilism when they defend themselves against the actual mercantilists.
Related Articles
Corruption
DW: Germany warns against ban on energy imports from Russia
March 7, 2022
MDRose
Corruption, Economics, EU politics, Finance, National Politics, Regulatory Capture
0
Germany and Britain competing to be the most hypocritical Read Here Heinrich-Böll-Stiftung licensed under the Creative Commons Attribution-Share Alike 2.0 Generic
Economics
Bill Mitchell: The Last Colonial Currency: A History of the CFA Franc – Part 3
January 12, 2020
MDRose
Economics, EU politics, Finance, Financial Institutions, National Politics
0
This is the third part in Bill Mitchell’s series. You can read Part 1 here and Part 2 here. Read here BRAVE NEW EUROPE brings authors at the cutting edge of progressive thought together with […]
EU politics
+972: Rima Hassan is breaking Europe’s Palestine taboos. France put her on trial
Prosecuted for defending Palestinians’ right to resist, the MEP says Gaza has exposed a ‘complete divorce’ between governments and their publics Read Article HERE MEP Rima Hassan during the European Parliament Plenary, September 2024. (The […]

Be the first to comment