It was bound to happen. Because German and European politicians persistently refuse to think for even a second before acting, they are now marching with a loud trumpet into nowhere when it comes to climate. A ban on combustion cars in 2035, …
There is a great deal of puzzlement at present about how it could happen that a bank in California is stormed by its customers virtually overnight. The classic bank run at Silicon Valley Bank (SVB), i.e. the attempt by many depositors to withdraw their money from this bank at the same time, …
(Published in the “Berliner Zeitung” today in German)
The German government goes on long trips with unusual frequency. The Chancellor was in three countries in Africa last May, the Chancellor visited three important countries in South America a few weeks ago and Finance Minister Lindner was in Africa recently. …
The biggest threat Germany and Europe have identified overseas goes by the name of IRA (Inflation Reduction Act) and is the pride and joy of the Biden administration. It is by no means only about reducing inflation, first and foremost it is about reducing the dependence of the US on foreign imports. …
