Earlier quoted context omitted.
As a London based person, the 'suddeness' of the interest in Deutsche strategy is palpable. Last years 'sick man' is now the healthiest man on the block:: IF the Keynsian stimulation favoured by America does not work. Further, there are mounting concerns (valid or not) that China may not be the saviour some hoped. If that transpires, the situation will be bleak indeed for the indebted US and good for the 'austere' Ge…
These press articles (and maybe even the underlying Economic studies) are just nonsense. E.g., Ireland used to be the magic model for all of Europe with huge GDP growth, now they are completely broke. Same for the Baltic states to a lesser degree. One year, it's all fairy dust and unicorns, the next year doom and gloom. Seen from some distance, this sounds a lot like people who have no clue at all making long term pr…
This is not said enough. We are wrong again and again, yet we keep coming back for more.