4 ms·
As a London based person, the 'suddeness' of the interest in Deutsche strategy is palpable. Last years 'sick man' is now the healthiest man on the block:: IF t
by tezza 16y ago
As a London based person, the 'suddeness' of the interest in Deutsche strategy is palpable.
Last years 'sick man' is now the healthiest man on the block:: IF the Keynsian stimulation favoured by America does not work.
Further, there are mounting concerns (valid or not) that China may not be the saviour some hoped. If that transpires, the situation will be bleak indeed for the indebted US and good for the 'austere' Germans. This may feel like being the 'best' survivors of a nuclear war however.
I think people are gently probing which entities will be the big players in the next few years and are trying to copy plays from their playbook.
- Nitramp 16y agoThese press articles (and maybe even the underlying Economic studies) are just nonsense. E.g., Ireland used to be the magic model for all of Europe with huge GDP growth, now they are completely broke. Same for the Baltic states to a lesser degree. One year, it's all fairy dust and unicorns, the next year doom and gloom. Seen from some distance, this sounds a lot like people who have no clue at all making long term predictions based only on what they see right now. Which again confirms my suspicion that Economy as a science at least on that level doesn't hold much water. The predictions might as well be random.
- macco 16y agoNo real scientiest talk like these press articles. Economic models can only simulate a few variables. Unfortunately economic development depends on almost infinate number of variables. I know: I know nothing :)
- DTrejo 16y agoWhich again confirms my suspicion that Economy as a science at least on that level doesn't hold much water. The predictions might as well be random. This is not said enough. We are wrong again and again, yet we keep coming back for more.