Der Spiegel has a very long account about Martin Schulz’s yearlong ride for the Federal Chancellery and his historic low result. From which I conclude that high-flying in European politics doesn’t necessarily lead to success in national elections. Advertisements
From Donald Trump to the IMF, many quarters complain about the German trade surpluses. The last one was confirmed as recently as August 2017, but the Germans have found the parade : according to IFO, the excedents are structural and, thus, impossible to shrink by government intervention.
Der Spiegel says: “Angela Merkel should follow Macron’s path on Europe”. The Germans had a kind of European supremacy during the last ten years and nothing remarkable came out for Europe. Maybe it’s really time for the French to come back in the driving seat ?
Der Spiegel has a great piece about bribery and corruption at Airbus, an explosive situation having the potential to tear the company into pieces. It risks also putting a strain on the Franco-German relationship, at a time of crises when their cooperation seems more necessary than ever to keep to boat afloat.
The German Social-Democrats had at 20% the worst electoral result in the post-war period and this consecrates once more the new dichotomy between globalists versus nationalists, replacing the classical one, between left and right. In the new economy of services and self-employment, the classical left has simply no more traction. Until recently, the extreme left…… Continue reading Globalists vs Nationalists, or the new irrelevance of the Left
Angela Merkel won her fourth Bundeskanzlerin mandate, but lead the CDU/CSU to the worst result (32%) since 1949. The Jamaika coalition (CDU/CSU, FDP, Grünen) is anything but a gift to the seasoned Doktor Merkel, and she is expected to go politically to the right, to get tough on immigration and on recalcitrant East Europeans. As…… Continue reading Merkel IV : Twilight of the Gods
The future of Europe depends also on the German carmaker industry, confronted nowadays to the emergence of the electric vehicles, especially as the traditional manufacturers do not seem to take the threat seriously. And when China decides to abandon pretty soon the traditional auto technology, maybe the EU producers will have a serious problem faster…… Continue reading The Future of Europe : Elon Musk