The Western world is on the verge of embarrassing itself to the bone in fighting a health crisis of historic proportions.
Rather than having the ECB continue its path of raising just the boats of the rich, it is high time for the delivery of “helicopter money” to everyday Europeans.
Denying the root causes for the increased frustration of the public with existing policies is not going to regain trust. “Populism” will continue to gain support.
The entire increase in the share of people running the risk of poverty since 2005 is due to the bigger share of immigrants in the German society.
In reality, German government debt levels have been going up during Merkel’s 12-year reign – and this despite a booming economy.
How the Merkel government is risking Germany’s future by underinvestment and other ill-applied policy approaches.
France and Germany will be very flexible in their response to Italian demands, irrespective of the official rhetoric from Berlin and Paris.
History teaches that everyone suffers from trade wars, but the biggest pain is incurred by those who run the big surpluses once it starts.
Germany’s over-dependence on its automotive industry will be its undoing.