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 […]
The Greens have crashed brutally in the European elections. In Germany, their share of the vote has almost halved and in France, at 5 per cent, it has even fallen to almost a third of […]
There are unwritten laws that everyone who has to deal with them knows, but nobody talks about them openly because any attempt to bring them out into the open is punished by the community with […]
If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted […]
Germany is proud of its market economy. Some call the German economic system a “social market economy”, believing that the market economy is inherently social because it helps to improve living conditions for everyone. The […]
German Chancellor Olaf Scholz is not an economic expert. Nobody expects him to be. However, the head of government of the world’s fourth largest industrialised nation should have advisors to protect him from disqualifying himself […]
In this article, we want to ask the simple question of how Argentina’s central problem, extremely high inflation, is to be tackled by the “markets”. Thereby, we use the contrasting example of Turkey, which is […]
You can’t be radical enough if you are only liberal or libertarian. In a society that shies away from any kind of radicalism, radical liberalism is at least secretly admired. Argentina’s new president, who many […]
A good review of the current situation in Germany. Short and to the point. Read HERE
In English there is the beautiful expression of the “elephant in the room”, which is very big, but seemingly not discovered by anyone. People talk about all kinds of things that are in the room, […]
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