Mercosur is on everyone’s lips. Wouldn’t the free trade agreement with several countries in Latin America be a golden opportunity to get one over on the USA? Couldn’t a new source of prosperity be tapped with the South Americans? But why has it taken over twenty years to seize this unique opportunity? …
Readers repeatedly point out that I should take note of the fact that long-term interest rates are currently not following the short-term rates set by the central bank, as I normally assume they do. They point out, for example, that long-term interest rates in Germany are currently tending to rise, …
China and its economic successes are on everyone’s lips. Under the previous government (and under pressure from the US), Germany already designated China a ‘systemic rival,’ whatever that may mean in concrete terms. In any case, it means that Germany does not want to maintain normal friendly relations with the country. …
No sooner had Javier Milei won the congressional elections with the help of unprecedented American interference in the election campaign than the libertarians regained the upper hand and once again celebrated the Argentine president’s economic successes, which do not even exist. …
