The Spendthrift State
Germany’s new experiment in socialism requires the use of every remaining resource available to its citizens. That there would be…
With the Berlin Pride parade attacker dead, I guess we’ll never know his motives
Yesterday, a German-born man named Abdul Ballout—and when I wrote “German-born,” I bet you were expecting a name like Fritz…
The Death of the Cash Cow
Looking at the global automotive market, one conclusion is unavoidable: the end of the combustion engine is nowhere in sight.…
Germany’s Debt Crisis Crescendos
As Germany’s public debt expands, the dynamics of its sovereign bond market are beginning to change. On Wednesday, the placement…
Point of no return
Volkswagen is planning to eliminate up to 100,000 jobs. It is the most devastating blow yet to the stomach of…