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.
Media
Antara Haldar: Killing Twitter
Elon Musk fails to see that it’s the people, not the pavement, that make the town square Read Here Dan Taylor/Heisenberg Media
Geopolitics
Aurelien: In the Shallows Of The Deep State. But is there anything there?
There are expressions that creep up on you when you are not looking, that come from nowhere, and seem to take over the media all at once. The latest, and the subject of this week’s […]
Neo-Liberalism in the EU
Marco D’Eramo: Scientific capitalism
Money was previously a side-affect of scientific inquiry, whereas in the neoliberal era it is its main purpose. Read the article HERE.
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