Das „exorbitante Privileg“ der USA beruht auf weltweit verteilten Vorteilen für andere. US-Dollar werden aufgrund eigener Vorteile verwendet und nicht um den USA einen Gefallen zu tun.

Geopolitical power is hardly achievable without military capabilities and cannot be secured in the long term. In order to maintain military capabilities in the long term, sound public finances are needed.

Germany's aging society is not innovative and productive enough. Solutions can include AI deployment, better access to venture capital and stronger support for entrepreneurship.

Today, conversations about the weather can quickly lead to irreconcilable differences of opinion. What is needed, therefore, is a sober consideration of climate change and its economic consequences.

Now we seem to have the first case of a European group considering spinning off its China business because of geopolitical risks.

A spectre is haunting Germany: the great unease about the performance of the state and the economy. The root cause is dwindling productivity.