Month: November 2019

To be clear, protecting the environment is a laudable goal. But while a certain degree of naïveté may be endearing in young people, it is embarrassing for a profession that likes to call itself “learned”.

The reason for the Germans’ current Weltuntergangsstimmung (apocalyptic mood) is economic. A new book promising “The biggest crash of all time” before 2023 tops Amazon.de’s bestseller list. And now the Bundesbank, the country’s central bank, has joined the choir of doomsday merchants with its annual Financial Stability Report.