Germany
“Wir können uns dieses System das wir heute so haben mit dem was wir wirtschaftlich so erwirtschaften in der BRD einfach nicht mehr leisten. Wir leben seit Jahren über unsere Verhältnisse”. “We can simply no longer afford this system that we have today with what we economically generate in the Federal Republic of Germany. For […]
The direction of the world economy is unclear. Geopolitical crises may disrupt supply chains (wars in various parts of the world), financial overhangs need resolute answers (public debts and interest-rate manipulation) and self-inflicted wounds (United States President Donald Trump’s preference for confrontational approaches, with occasional second thoughts) sometimes generate unpleasant surprises. Previously, governments responded […]
The new government in Berlin is inheriting a tangle of unresolved problems resulting from decades of political mismanagement. Germany is located at the heart of the European landmass. It is also the region’s largest economy and most populous country. What happens in Berlin shapes Europe as a whole. Stagnation sold as stability For decades, […]
Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax. … If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or in the form of borrowing. The thing you should keep […]
All of Europe is closely watching France, the eurozone’s second-largest economy. The mix of political instability and financial issues in the ‘Grande Nation’ is concerning. France’s public debt last year reached an estimated 112 percent of its gross domestic product (GDP), accounting for one-fourth of total European Union public debt. In July 2024, the EU […]