From the @FT: "Surging government bond yields are a “major concern” to countries’ public finances given the mounting share of spending being consumed by debt interest, the OECD said on Wednesday." This warning comes as the OECD raises its inflation forecasts and warns about interest rate pressures. #exonomy# #markets# @OECD

The economy of the former East Germany has transformed since the defunct communist state reunited with the vastly wealthier West Germany in 1990, but more than a generation on it still lags the west in some key areas

2027 - economy will get stranger As soon as next year, we will almost certainly see a boom in extremely lean startups where small teams of just 10-50 people orchestrate 10 000-50 000 AI agents (digital workforce) and generate the kind of output that previously required medium size corporations. This will emerge first in knowledge intensive industries: software, research, finance, design, media, biotech, legal work, consulting, and other fields where most of the value comes from work done mainly on computers rather than through physical activity. Company size, headcount, and productive capacity begin to decouple. And once that model works, it will spread incredibly fast.