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01.12.2023 - Economics, Politics & Philosophy

Non-compliance with the debt brake - not a German peculiarity

by Norbert F. Tofall

In Deutschland war die Schuldenbremse bis zur Corona-Krise sehr effektiv, während sie in anderen Ländern oft ignoriert wurde. Ihre Nichtbeachtung hat sowohl politische als auch ökonomische Folgen.

27.11.2023 - Economics, Politics & Philosophy

China's economy as Xi's means of power - Or why the Chinese economy is not yet bigger than that of the USA

by Norbert F. Tofall

While the advantages of backwardness are diminishing, Xi has curtailed the success factor of decentralization and continued to expand the "failure factors" of interventionism and control.

24.11.2023 - Society & Finance

The economic theory behind the plans of president Javier Milei

by Marius Kleinheyer

In Javier Milei, the Argentinians have elected a libertarian economist as their president. A central election promise is the abolition of the Argentine central bank and the introduction of the US-Dollar. The proposal is inspired by experiences in Sou ...

22.11.2023 - Macroeconomics

The mysterious Mr Bond (Market)

by Thomas Mayer

The bond market seems to believe in the Federal Reserve's determination to bring down inflation in the medium term. At the same time, it expects the US government to issue a high volume of bonds due to persistent budget deficits.

10.11.2023 - Economics, Politics & Philosophy

Recession in the USA - Before or after the presidential election?

by Norbert F. Tofall

A recession in the US before the presidential election is likely to benefit the Republicans in the election. On the other hand, an extension of the economic expansion until after the elections could save Biden from office.

19.10.2023 - Economics, Politics & Philosophy

Who benefits from the war in Israel?

by Norbert F. Tofall

Like the war of aggression against Israel in 1948, today's terrorist attack by Hamas is not aimed at solving the Palestinian question, but at preventing a peaceful solution.
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