Economics and politics - comment and analysis

20 Years of Currency Drama in Argentina – a Sad Anniversary

Last week marked the twentieth anniversary of Argentina’s currency crisis of 2001, which brought the country to the brink of ungovernability and caused enormous social and political harm. President Fernando de la Rúa finally resigned on December 21, 2001. Just “in time” for this anniversary, …

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Has the debt brake proven its flexibility?

There are answers given by politicians to journalists’ questions that are stereotypically repeated hundreds of times, and although each of the answers is completely meaningless, they are never followed up. So, it is with the debt brake for Germany and Europe and the question of whether it should not be revised after the Corona shock. …

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