Prince Michael of Liechtenstein

  Leading German economic agencies have revised the country’s forecast for 2024, predicting a decrease of 0.1 percent in gross domestic product. What is happening to Europe’s largest economy? Looking at Germany’s situation, one cannot help but wonder. Even the most outlandish fiction would struggle to match this level of absurdity. This comment will not delve into […]

  Historian Christopher Clark wrote the impressive book on how the European powers sleepwalked unnecessarily into World War I at the beginning of the last century. Can we learn something from this? There has been no period in history without war. Europe had the unique chance of a very long peace, mainly protected by the United […]

Turkey has applied for membership in BRICS, an association initially comprised of five major emerging economies: Brazil, Russia, India, China and South Africa. These countries are all leading economies on their respective continents. At the beginning of this year, four additional states joined the organization: Iran, the United Arab Emirates (UAE), Ethiopia and Egypt. Saudi […]

  Europe faces a rising wave of terrorism and increasing crime, yet its political elites struggle to address the situation effectively. They often misidentify the root causes – likely due to ideological bias – leading to misguided measures. Taylor Swift’s concert in Vienna was canceled due to a terrorist threat, and France and Germany imposed disproportionately high […]

The Biden administration appears happy with the performance of “Bidenomics” over the last several years; the stock exchange is rising and unemployment is low. However, this was achieved by injecting massive liquidity into the United States economy. The price for that has been the accumulation of huge additional debt and rising inflation. A visit to the […]