Translated and edited by BRAVE NEW EUROPE
Germany’s Federal Statistics Office presented its first results for German gross domestic product (GDP) for 2019 on 15 January. According to these results the German economy grew by 0.6 per cent last year. Last week (14 February) the results of the calculation for the fourth quarter of 2019 were also presented. …
Es ist meistens nur eine Frage der Zeit, bis Ideen, für die es eine klare empirische Evidenz gibt, auch in den Kreisen nicht mehr verleugnet werden können, die ihnen aus ideologischen Gründen zunächst schroff ablehnend gegenüber stehen. Das war bei den staatlichen Schulden so und jetzt gilt es allmählich für den Zusammenhang von Löhnen und Preisen. …
Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE
It is astonishing that people in Western Europe rarely speak about the countries that stumbled into a new economic system after the fall of the Berlin Wall and have since been swimming in the great European economic stream in very different ways and with varying degrees of success. …
