I think Europe shouldn't fret too much about bond demand - our overall debt levels are lower than the US/China, investors will like a place where rule of law still holds.
There is a case to borrow to rapidly rebuild Europe's military capabilities - and to do so jointly.
But there's no free lunch. EU leaders needs to have hard-nosed debate about the trade-offs involved.
ip-quarterly.com/en/how-europ...
I think Europe shouldn't fret too much about bond demand - our overall debt levels are lower than the US/China, investors will like a place where rule of law still holds.
I would rather have the UK back in. But for the UK it should ideally be clear that access to the EU single market is one of the most important assets to have around in a globally fraught age.
Intra-EU trade grows rapidly. The market delivers, even if it has imperfections.
I would rather have the UK back in. But for the UK it should ideally be clear that access to the EU single market is one of the most important assets to have around in a globally fraught age.
Intra-EU trade grows rapidly. The market delivers, even if it has imperfections.
...
Ich habe unterschätzt, wie brutal uns Christian Lindner und die FDP-Spitze über Monate verarscht haben"
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Ich habe unterschätzt, wie brutal uns Christian Lindner und die FDP-Spitze über Monate verarscht haben"
www.spiegel.de/ausland/new-...
www.spiegel.de/ausland/new-...
www.sueddeutsche.de/politik/ansc...
www.sueddeutsche.de/politik/ansc...
-- Karl Valentin
-- Karl Valentin