GQJFTW

A cynic's perspective on German politics and the economy.

Friday, November 22, 2013

What's happening in Germany?

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Yesterday, Angela Merkel tried to defend the German trade surplus by saying this (bloomberg): I think it would be absurd if we were ...
Thursday, November 21, 2013

Immigration Up 11 Percent In The First Half Of 2013

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As expected, immigration into Germany was up significantly in the first six months of 2013, according to destatis . I have written about thi...

Krugman, Weidmann And Why It Is Actually Worse

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Krugman isn't happy that Weidmann is against further ECB measures without offering any justification. But it is actually worse than Kru...

What's Happening In Germany?

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Germany will introduce a minimum wage (The Local): That was a core SPD demand and there was widespread support for such a move amongst the...
Wednesday, November 20, 2013

... And Justice For All

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On Monday the German Bundestag discussed the NSA revelations in a special session. It was the first opportunity for the upcoming "Gran...

European Car Registrations In October

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The automotive industry in Europe is rebounding. According to ACEA , the  registrations of new cars in the EU were 4.7 percent higher in Oct...
Tuesday, November 19, 2013

Lowest Common Denominator

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Germany still does not have a new government. The talks between Merkel's CDU/CSU Union and the social democrat SPD are stalling. In fact...

The Economist Hans-Werner Sinn

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Krugman in last Friday's op-ed wrote about the euro crisis and the German reaction to the ECB rate cut. He mentioned the reaction of ec...
Monday, November 18, 2013

Further Deterioration Of The Spanish Bank Balance Sheets

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You might have heard a few days ago, that Spain wanted to exit the ESM program. You might have also heard that the European officials were ...

Industry, Real Wages, And Childish Managers

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This weekend, the CEOs of several German car manufacturers decided to behave like three year old kids because they really want that chocolat...
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