172 Economists Can’t Be Wrong
Right? Right. We have to approach this differently, folks. Pick an economist. Pick five. Find one that has ever been right. When it comes to dire warnings about the future, I mean. Sure, I don’t like...
View ArticleThe End With Horror
No horror here. Or terror, if you prefer. How does that German proverb go? Lieber ein Ende mit Schrecken als ein Schrecken ohne Ende? That is, better an end with horror than a horror without end. And...
View ArticleThe Lesser Of Two Evils
“Finally, a rating agency showed a sense for good timing. The announcement could hardly have come at a better time: Moody’s casts doubts on Germany’s top rating. The rating agency provided its top...
View ArticleIt’s High Noon
But which one is Gary Cooper? Big spending Mario Draghi, the European Central Bank boss who is shooting for the outright central-bank purchase of European sovereign debt, or lonely Bundesbank chief...
View ArticleSo Much For That Shootout
I still don’t know who Gary Cooper was here, but Mario Draghi just went from “I will do whatever it takes to preserve the euro” (and buy up Spanish and Italian bonds) to “the ECB may consider” doing so...
View ArticleGermans Just Love The ECB’s New Bond-Buying Program
Not. Which brings us to our next topic: The latest greatest German angst survey. A new study by R+V Versicherung (insurance) has just found out what Germans loved to be scared of most these days: The...
View ArticleThis Still Doesn’t Beat Obama’s Nobel Peace Prize
But it comes close. Many euroskeptics clearly just don’t get it. Of course the Norwegian Nobel Committee’s decision to award the Nobel Peace Prize to the European Union is “beyond parody,” “laughable”...
View ArticleMerkozy This Is Not
How about Hollmerk? The two capitals (Berlin and Paris) always begin from very different positions, whether there is a socialist or conservative administration in Paris. The concern in Berlin is over...
View ArticleGermany Not Trying To Dominate Europe
Honest. Why try when it comes so naturally? No, seriously folks. Poor German President Joachim Gauck. He certainly means well (and somebody’s talking head has to say this stuff, I guess), but how can...
View ArticleMutually Assured Disillusionment
And here you thought that the Germans could bitch and moan about Europe. And boy can they ever. But the reigning Weltmeister of Whining is now suddenly getting some unexpected stiff competition from...
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