In 2020 for the first time there was an economic crisis accompanied with a decrease in the number of insolvencies. Why was it different?

Despite the worst post-war recession, fewer companies in Germany filed for insolvency in 2020 than at any time since 1994. How many insolvencies were postponed and how high is the risk that they occur in 2021?

When Keynes, inspired by the Great Depression of the 1930s, developed his theory, it was perhaps forgivable that he completely ignored money creation by banks. Today, however, ignoring the role of banks leads to blatant misconceptions.

The #allesdichtmachen campaign criticizes Germany's inefficient pandemic policy and its high economic costs. Have other countries been more successful in preventing deaths through lockdowns?

Last year, large central banks financed their countries' new debt on a big scale. The European Central Bank was particularly active.

“Inflation is temporary and central banks have it under control” Vs. “As central banks have massively increased money supply inflation is around the corner”. The fate of central banks will depend on which narrative will win.