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Germany’s export ideology

It is well known that Germany is running high export surpluses - more than 200 billion US-Dollar or 7.5% of its GDP in 2017, of which more than 40 billion vis-a-vis the United States. The surpluses are acting as a break on growth throughout Europe and have led to threats by the Trump administration to … Continue reading Germany’s export ideology

Korea: Neutrality is the only solution

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Summary: Tensions in Korea are running high. Yet one possible solution has been little explored: unification of the peninsula with China's consent and under the leadership of the South. South Korea would assure China's cooperation by pledging to become neutral, with US troops leaving the peninsula.  Commentators around the world scramble these days to give … Continue reading Korea: Neutrality is the only solution