The ECB finds itself between Germany and a hard place.
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Economics
Michael Pettis: Why Should China Borrow Abroad?
In spite of China’s extraordinarily high investment levels, domestic savings nonetheless exceed domestic investment by quite a lot, making it a large net exporter of capital. Read HERE
Corruption
Bloomberg: Populist President to Shield Billionaire Premier in Fraud Probe
The EU has become a cesspool of corruption, where its leaders are free to murder journalists who report this. Do not forget that Babis supported von der Leyen – in other words got her into […]
Economics
Heiner Flassbeck – ‘German labour costs are too high’: Friedrich Merz’s economic declaration of war on Europe – and on himself
It was only a matter of time. First, the economic amateurs pounced on the welfare state, now they are attacking the core substance of the economy. As in the 1970s and 1990s, ‘German economic experts’ […]
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