One of Donald Trump’s most important trade advisors, Peter Navarro, defended the American president’s trade policies some time ago in an article in the Financial Times, making at least one very strong point that went unnoticed in continental Europe. …
In the current debate about government debt, practically all experts are wrong because they simply ignore the macroeconomic interrelationships without which government debt can neither be explained nor justified. Almost all of them, even the seemingly enlightened ones, have remained Swabian housewives in one way or another. …
No sentence has been heard more often in Germany in the past week than the one that something must be done about migration. For many people and for a whole series of parties, it follows that the measures proposed by the chancellor candidate Friedrich Merz, …
The Financial Times reports in an interesting article on the Argentine currency strategy. Apparently, President Javier Milei has decided to focus on the so-called anchor approach in the fight against inflation. An anchor approach means that you try to manage your own currency against a stable currency such as the US dollar in such a way that the depreciation of your own currency is significantly lower than the inflation differential with the anchor country. …
