Germany feels good about itself again. After its decision on the future of coal, it sees itself as a pioneer in transforming its energy production. In reality it still doesn’t want to think seriously about the problem.
Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE
On January 28th, …
In German debt and guilt are the same word: Schuld. So, in Germany, debt has a morally negative connotation. Further, the state budget is referred to as “Haushalt”, which is the word for household. Germans equate state finances with those of personal finances, …
The European crisis can only be understood if one understands the crisis in economics that is causing it. Politics was and is slavishly dependent on the wrong economic teachings. Germany is lost without European Monetary Union.
Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE
What the great European divergence – and the loud silence of politicians – clearly shows is that policy-makers and the majority of so-called academics simply do not understand the minimum conditions for free trade, …
