European Union (EU)

There Is No Normalization of Target Balances, Despite the Normalization of Monetary Policy

The ECB’s new monetary policy leaves one important question unanswered: Will a normalization of Target balances also follow, that is, will the problem of debt within the eurozone be solved as well? If not, a normalization of monetary policy will be impossible.

Delusions of Omnipotence and Shifting Backdrops: USA and EU Launch Giant Industrial Policy Programs

The USA and the EU have recently been in a subsidy race—industrial policy by bureaucrats. The innovative forces of the market are being undermined and the inefficiency of these measures is predictable.

EU Taxonomy: The Road to a Green Planned Economy

With its so-called taxonomy, the European Union is planning an economic structure that will be characterized by bureaucracy and malinvestment. The drastic consequences for productivity and prosperity will only gradually become apparent.

Is the West at War with Russia?

Are the costs of sanctions against Russia too high and are we ultimately harming ourselves? That depends on how we answer the question of whether it is in our own interest that Ukraine does not lose the war against Russia.

Genocide in Ukraine? A Western-Oriented Nation’s Fear of Extinction

An overview of Ukrainian history shows why the fight against the Russian aggressor is a matter of either supporting or not supporting the continued existence of Ukraine. The accusation that this is a form of genocide seems justified in this light.

Ukraine Defends Its Freedom—And That of Russia

For years, Russian propaganda has tried to spread the narrative of NATO endangering Russia’s security. However, with his war against Ukraine, Putin is trying to thwart a free, Western-oriented Ukraine because it is a threat to his power.

What Are Russia’s Foreign-Policy Goals? How Should the West React?

Russian foreign policy is an attempt to bring former Soviet republics home to the Russian Empire and regain hegemonic influence over former Warsaw Pact states. This analysis from 2016 is particularly relevant today.

With a Carrot and a Stick: The Effects of the European Central Bank’s Negative Interest Rate Policy on the Banking System

The ECB is weakening bank profitability while strengthening it in a way that allows it to implement policy goals with the help of commercial banks. Read the new study.

Navigating Crises without a Compass: Politics in the Quicksand of Interventionism

Under the guise of the COVID-19 crisis, attempts are being made to use the crisis for a political agenda that would not have found majority support before. The role of the state is expanding. A new policy approach is necessary to secure prosperity.

European Infrastructure and Tech Policy: Failures, Breakdowns, and Empty Promises

Compared to the USA, Europe is lagging behind in terms of information and communications infrastructure. A reexamination reveals: For too long, billions of taxpayers’ money have been invested in technologies of the past.

A New Era: Politicians and Central Banks Reinvent the Wishing-Table

Unbelievable national debts and deficits, direct access of politicians to the printing press and unconditional payments to citizens in the USA. The EU, for its part, is embarking on the path of massive new national debt. Can this possibly end well?

Money Glut, Debt, and Rolling Central Bank Guarantees: Full Steam Ahead towards the Abyss

Central banks have become prisoners of their own policies with their perpetual monetary glut. Everyone knows this, and everyone knows that everyone knows it. But proclaiming a different message, they shirk responsibility. The party must go on at all costs.

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