The relationship between Germany and the EU on the one hand and China’s political leadership on the other is clearly creaking. The growing trade tensions between both sides have become impossible to ignore.

"It is so big that it’s obvious that it’s not just the United States or Europe but the whole world that will have to fund that gap... we may get to a point where things snap."

Europe does not need more and better targeted government intervention, but considerably less...

October and November is when Construction and Agriculture seasonal layoffs peak. These sectors are dominated by undocumented workers and there have been clear signs that these workers are hiding out rather than risk deportation.

...consequences for us all end in a crisis of reality. The errors of economic and monetary management by modern governments result in a credit crisis, which ultimately destroys their currencies. The signs that such a crisis is descending upon us are growing.

America’s great build-out will test the limits of labour supply, material availability, and monetary policy flexibility...

...but industrial production saw its biggest annual gain since Nov 2022.

Putin issues visa-free travel for Chinese citizens, reciprocating Beijing's policy...

Europe’s approach to net zero has clearly damaged the competitiveness of its energy‑intensive industries...

While negotiations over the fate of Ukraine continue, another risk event for energy markets continues to unfold in Venezuela...

"...the health of the US manufacturing sector gets more worrying the more you scratch under the surface..."

The key economic data releases this week are the ISM manufacturing and services indexes on Monday and Wednesday and core PCE inflation and the University of Michigan report on Friday.

...technocratic jargon cannot obscure the simple truth: we have built an economic system requiring perpetual monetary expansion to avoid collapse...

Germany’s industrial crown jewels are being sold off while politicians stage media spectacles...

Once upon a time, progress meant a tangible conquest of necessity - something that could be seen, held, and mended... Things have changed...

Both truths can coexist: The US may be on the cusp of a remarkable economic transformation, and the anxiety surrounding it may be entirely justified...

Too expensive, demographically unsound, and a fiscal disaster: A group of prominent economists has issued a blistering critique of the German government’s planned pension package.

At this point may as well stop pretending this is fixable.

Multicultural marketing expert Gilbert Dávila stepped down from his seat on the board of directors...

It’s hard to believe the United States government was ever debt-free...