The Debt Brake - Germany's Dumbest Idea?

Germany’s government recently collapsed, over a radical economic rule —the debt brake— which states that, essentially, Germany’s government should, on average, never spend more than it earns. This is extremely unusual. No other major government in the world has limited itself in such a way. In fact, most economists around... [Read More]

Is Germany headed for a collapse?

If you listen to the news, one thing is certain, Germany’s economy is going down the drain. And, yet, here you are about to listen to an economist on YouTube telling you: don’t worry about Germany’s economy. It’s going to be just fine… and may arguably even have a very... [Read More]

What Trump will do to the global economy

Donald Trump is back at the helm of the world’s largest and most important economy. An economy that is the main export market for the world’s biggest economies, and, crucially an economy that produces the world’s reserve currency, the mighty U.S. Dollar. So far, the Dollar has jumped, while currencies... [Read More]

Why solar will soon dominate & what that means for the world

This graph shows in black how much solar capacity was added globally each year, and in yellow it shows the path of solar capacity that experts had predicted each year. As you can see, not only did the actual capacity exceed predictions every year, growth of global solar capacity is... [Read More]

Italy's comeback, Germany's decline, China's stimulus bazooka and more

Italy’s comeback, Germany’s industrial decline, major central bank shenanigans & China’s massive new stimulus bazooka. These are, in my opinion, the most important economic stories that we need to talk about in this economic update. So, let’s dive into our first story right away, which is about Italy’s comeback Which... [Read More]