Martin Hüfner

Martin Hüfner is the former chief economist of Germany's HVB Group.

Italy: The New Greece?

Is Italy’s crisis the new Greece? Is it just as bad? Or different? Could it take just as long to resolve it?

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Will the US Current Account Explode Soon?

The U.S. current account deficit has widened to a degree that few had thought possible. Under Trump, it could become an explosive device for the world financial system.

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“Cool” Germany, Really?

The Economist’s recent feature on today’s Germany as a model for all of Europe was fake news. The signs of crisis – mainly a widespread complacency – are already visible in financial markets.

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The New Global Mercantilism

If Trump has his way, the liberal market economy of the post-war period is ending. The Trump world proudly and unapologetically embraces mercantilism.

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Less Europe?

The EU does not always need more members and deeper integration. Less could be more in the end.

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Italy: When Trumpism Hits Euroland

The EU no longer lives in the orderly world of the Maastricht treaties, but in the world of a “populist monetary union.”

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German Stubbornness: Why Not Finally Relent on the Trade Surplus?

Why are Germans so enamored with their trade surpluses? When will they see it is against their own, well-understood self-interest?

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Benefits of the Greek Crisis

Why the eurozone will become more stable — thanks to the Tsipras episode.

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Germany Counters Deflation in the Eurozone

By raising real wages, Germany has launched itself into a new period of growth.

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Four Fallacies about the Greek Crisis

Four incorrect assumptions veil the truth about Greece’s economic situation.

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