Dirk Ehnts
@DEhnts
Economist based in Brussels (🇧🇪). This is my private account and doesn't reflect the views of my employer.
2.3K Following 10.8K Followers
"Germany’s Federal Waterways Engineering and Research Institute has called it a “highest priority” project."
The money has always been there. The resources have always been there.
Political will - has never been there.
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Join the community. Earn your graduate degree.
If profits rise like this, workers will have been hurt. There is no such thing as a free lunch.
📈 US corporate profits are tracking nearly 50% annual growth this quarter, far above expectations. On today's Morning Bid podcast
Reminder that the history of the US is a history of tariffs. The idea that "free trade" (=close to zero tariffs) is what made the US the economic super power of the world is obviously not true. It is about workers, land, increasing returns and energy + x.
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The new @LevyEcon Strategic Analysis is out and points to increasing fragility in the K-shaped US economy. It also presents a stress-test scenario that examines the maco effects of a sharp correction in AI-driven financial markets.
For more see:
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The UK trades with the world. Imports feed our factories, warm our homes, stock our shops. Exports send goods abroad.
There are two sides to the trade equation and imports are real benefits.
#MMT# #economics# #UKEconomy#
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Creative destruction, a concept made popular by Joseph Schumpeter (🇦🇹) will surely make a comeback in Germany over the next years.
German economy minister Reiche's answer to Chinese EV competition is to weaken vehicle emissions rules. What decade does she live in?
Reiche: "It is important that Brussels now delivers on making fleet regulation flexible enough to ensure that no fines are imposed"
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