“Not a single currency is the most urgent, the stability of our currency it is.”In the European Monetary Union is more than a year haywire. After Greece and Ireland, Portugal is now slipped below the reserve parachute. The politically ungovernable Belgium, Spain and the economically depressed the notoriously damp Italy also threatens the transition to Brussels. Readmore…
Archive for the ‘ Coutry ’ Category
Professor Raffelhüschen, you could record off the cuff, the current age pyramid for Germany?Bernd Raffelhüschen:The age pyramid structure resembles any more, but more and more like a Christmas tree. We have the largest age groups, the so-called baby boomers, now in the middle. Readmore…
Euro, country or the financial crisis?
September 21st, 2011
“euro crisis” is no end. The permanent euro rescue package has shaken the confidence of the German citizen in the single currency further. Even if further remains unclear which costs about the bailout, depreciation on the investment portfolio of the European Central Bank, inflation can be realized more clearly distinguish themselves from this and could end up on the order of German reunification. Readmore…
A special tax for the EU? No, thank you!
August 17th, 2011
When it comes to candidates for inventing their own control of the EU, the European Commission recently has been running in top form. After they had taken in August 2010, an EU-propellant gas tax and an EU tax on the consumption of raw materials into the conversation, she has made in October 2010 in a policy paper on the future EU budget four new proposals for a separate source of income in the Community: An EU tax on the financial sector, the revenues from auctioning of emission allowances, a European aviation tax and a 'real' European Value Added Tax. Readmore…
The EEG: Ecologically and economically useless nonsense
August 2nd, 2011
Once I Had a beautiful dream: In a solemn procession attracted the strongest proponents of subsidizing an industry to their elected representatives, not to demand more, but to less money. Because they feared the anger of the public might otherwise be too large and sweep away the subsidy program as a whole. Readmore…
Guest Post:
After the crisis – pre-crisis
July 9th, 2011
From the Bible we know of natural rhythm of seven fat and seven lean years. Also, the experience with the modern business world seems to confirm the eternal recurrence of an economic cycle, which, however, can not commit to the sacred number seven, and, moreover, a reliable calculation beyond. This unpredictability is an impertinence, which takes out the course of history towards the political-economic technocrats. Readmore…
If you want to combat moral hazard, one must either create incentives for greater damage prevention or terminate the bail-outs. The European Council has decided the opposite: an effective cure of the “Stability and Growth Pact,” is waived, and the “bailout” will – be on time – if not modified. Thus, the federal government has given up two goals it had announced in May. Readmore…
Mr. Henkel, which date is – regardless of chronology – are further forward in the history books: The 15th September 2008 or the 20th October 2009?Hans-Olaf Henkel:, the bankruptcy of Lehman Brothers, and my …… the day of the confession of the Greeks, that the current deficit is not five, but 12. Readmore…
Sarrazinaden In the shadow of the day were found last three messages / comments match the newspapers:- a European directive contradicted, thus in effect became null and void;May not give, andA study of union-Hans-Böckler-Foundation has found that working physically hard working workers hardly up to the age of 65 and certainly not until 67 may. Readmore…
“Science is something fascinating in itself. So a minor investment in fact provides such a rich crop of predictions. “In the financial crisis is ushered in the second round. From the crisis in the financial sector has become a sovereign debt crisis. It has long been the financial tsunami has also spilled on the real sector. Readmore…