Madame Lagarde: "End Draghi’s Half Measures!"

Dieser Kommentar von mir erschien bei the Globalist: 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. Let’s stop denying…

"After Merkel: Germany’s Tax State Faces Its Limits"

Dieser Kommentar von mir erschien bei the Globalist: 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 answer that…

"After Merkel: Lax Migration Rules Trigger More Poverty"

Dieser Kommentar von mir erschien bei the Globalist: 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. Populists are gaining support in Germany.…

"Welcome to Poor Germany"

Mein folgender Kommentar erschien bei the Globalist: How the Merkel government is risking Germany’s future by underinvestment and other ill-applied policy approaches. "Poor Germany?" Really? Is that not a crass overstatement? Isn’t…

"How the Merkel Government Makes up Its Statistics"

Mein Kommentar erschien bei the Globalist: In reality, German government debt levels have been going up during Merkel’s 12-year reign – and this despite a booming economy. Since the founding of the Federal Republic in 1949, the German…

"Will Italy Spell the End of the Euro?"

France and Germany will be very flexible in their response to Italian demands, irrespective of the official rhetoric from Berlin and Paris. Politicians and financial markets remained surprisingly relaxed after the recent Italian election.…

Trump’s Trade Policy: An Opportunity for Germany

Dieser Kommentar von mir erschien beim the Globalist: History teaches that everyone suffers from trade wars, but the biggest pain is incurred by those who run the big surpluses once it starts. U.S. President Donald Trump is getting serious…

"How Germany’s Current-Account Surplus Will Correct Itself"

The Economist magazine just featured Germany on its cover, with the message "Why Germany`s current-account surplus is bad for the world Economy." Being on the cover of The Economist is not necessarily a good sign. The magazine has a track…

"Is Germany Really Poverty-Stricken?"

Dieser Kommentar erschien bei the Globalist. Nach der Veröffentlichung kam die Presseabteilung des DIW auf mich zu und bat um einige Korrekturen. So war die Abkürzung falsch erklärt und die Zugehörigkeit zum Sachverständigenrat der Bundesregierung…

„European Peripheral Bond Risk Explodes: Forget Brexit, ‚Now It's Italy's Turn‘“

Eine abgewandelte Version meines Beitrags für das Manager Magazin in der letzten Woche habe ich bei the Globalist veröffentlicht. Zudem wurde es von Zero Hedge aufgegriffen und etwas ergänzt. Hier diese Version: If there was any doubt…

„Dismantle the Central Banks!“

It’s over. Trust in the once almighty power of the central banks has almost completely vanished. Sure, there are still some holdouts who believe that central banks could fix all problems in the real economy as well as in financial markets,…

Best of 2015 – „How France Will Bail Out Germany’s Merkel“

Nicht alle Leser gehen jeden Tag auf bto, was natürlich bedauerlich ist. Immerhin gibt es werktags zwei Beiträge zu aktuellen Themen aus der Wirtschaft. Deshalb zum Jahreswechsel eine kleine Auswahl der Highlights aus 2015. Bei der Sichtung…