The ongoing decline of the German economy seems no longer relevant to a majority of Germans. In the late FRG, ideological escapism thrives above all—and, very Prussian, the civil service. Yet the bubble of decadent degrowth has already burst.
Even if the government hits the tax revenue jackpot, it’s naïve to assume lawmakers would pay down the debt...
"The negative outlook reflects the emergence of sizable and persistent projected budget gaps that signal underlying structural imbalance and reduced financial flexibility, despite New York City’s still favorable economic conditions."
Blaming it on the weather may make compelling click-bait copy, but it does not withstand economic scrutiny...
Europe’s economic “center of gravity” has shifted steadily east since 1950, moving from Cologne toward Munich...
Given the precarious economic situation and the ever-rising national debts, the European Commission is pushing for a consolidation of debt issuance under Brussels’ control. The European Taxpayers’ Association is now warning against this increasing centralization of fiscal power.
Trade flows show China is becoming less reliant on the US market... builds 120-day oil 'shock shield'
Technological revolutions often coincide with speculative manias...
Double-digit increases in employee health insurance costs hold down wage increases...
Jersey Democrats were exposed for hiding data that showed a budgetary crisis going back to 2023. Now they admit the crisis exists and they say it's Trump's fault...
Despite the hoopla about data centers, spending on factory construction was five times larger.
Look beneath the hood...
Memory chips have quietly become the most important commodities in the global economy...
..higher than the highest analyst's expectation.
Meanwhile rare earth shortages worsen in US aerospace, chips despite trade truce...
A 13-page report from FTI Consulting is providing some insight on how the U.S. government has rewritten the rules for critical minerals
EU said “we have no other option” but to delay the approval process to seek clarity on the situation.
Increased money supply sparks an exchange of nothing for something. This diverts resources from wealth-generators to non-wealth generators. Consequently, this weakens the wealth-formation process and, in turn, weakens economic growth...
Another very busy week ahead...
From February 17 to 19, France’s President Emmanuel Macron visited India - the newly discovered object of European diplomatic desire...
