Trump’s trade adviser Peter Navarro complains about an unfair competitive advantage for Germany. He has a point, and this has much to do with the internal workings of the eurozone. There are signs some of it might be unwinding, and the ECB might be forced to remove stimulus, which will boost the euro. We think […]
February 25th, 2017 · Comments Off on Germany Is The New China
January 19th, 2016 · Comments Off on Profiting From Eurozone Dysfunctions | Seeking Alpha
A good part of the disappointing growth can be blamed on the existence of a world savings glut. However, the good news is this seems to be topping out. However, eurozone dysfunctions produce additional savings, which we show are likely to remain. But there is a way to actually profit from this dysfunction. Source: Profiting […]
January 13th, 2016 · Comments Off on January 2016
We explained (in detail here) how Germany is profiting doubly by locking in competitiveness advantage Gaining 20-30% competitiveness vis-a-vis the peripheral countries in the first decade, now locked in because the latter can’t devalue versus Germany The resulting eurocrisis as the peripheral countries try to win back competitiveness through internal devaluation prompting the ECB to […]
Tags: Car Market
July 17th, 2012 · Comments Off on How Strong is the German Economy?
December 20th, 2011 · Comments Off on Germany remodeling the euro zone after itself
Can it be backfiring?