On a side note, I find the design of their website to functional but tasteful. Their promoted research-paper is also more engaging (and less bloviating) than I

On a side note, I find the design of their website to functional but tasteful. Their promoted research-paper is also more engaging (and less bloviating) than I was expecting: https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000452422/Can_markets_withstand_the_removal_of_QE%3F.pdf https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD000000000045... >Ironically, the political compulsions imposed by the aging population are one reason for this. For starters, 56 per cent of Germany’s voting population is above 50 years of age. The members of the major political parties are on average 60 years old. This has led to an implicit consensus between the government and the people, to maintain the cosy status quo for as long as possible, hoping the day of reckoning might only affect following generations. A literal endorsement of Keynes’ maxim, “in the long run we are all dead" I'll have to read through all of it before I can tease out its agenda.