If I spend more money than I earn I will go into debt. If I then want to get out of debt, I will have to reduce my spending. Simple. What is true for my[…]
Category: Europe
Greek debt & collective guilt
Dillstraße 13, Hamburg. On Google Earth you can see that the house at this address is different from the houses next to it. Its roof is red, while all the neighboring roofs are black. The[…]
Erdogan, Mossadegh & the perilous nature of post-coup politics.
Is Erdogan overreacting? Not two weeks ago, on July 15th, the Turkish army tried to overthrow the government of Turkey in a coup attempt that ultimately failed. In the aftermath of the coup, Erdogan executed[…]
Germany’s Wolf Problem
One common theme of the last two posts (letter one and letter two) were Germany’s rather peculiar views of Europe’s economic situation. In this post I expand on the reason for this: the quality of[…]
Germany’s idiosyncratic views test cohesion of eurozone
The following is another letter to the Financial Times. This one was published May 11th, 2016. Here is the article on the FT website. It was written as a response to an op-ed by Martin[…]
We Germans are mostly unaware of how we have benefited from the crises
To provide prosperity for all (part of the manifesto) Europe needs urgently to deal with its economic problems. Currently we have a prosperous North and a struggling South. This situation suggests a path forward: the[…]
Europe: a manifesto
It happened. The European Union got smaller. Since its tentative start the Union just kept growing. After the fall of the iron curtain it did so at an accelerated pace. This momentum is now lost[…]