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Archive for 23. Dezember 2019

The battle for EU membership is lost, but a European England is still possible

Posted by hkarner - 23. Dezember 2019

Date: 22‑12‑2019

Source: Guardian ‑ Timothy Garton Ash

With Brexit now a certainty, we can still champion the values we share with millions of other Europeans

When we remainers marched in our hundreds of thousands through the streets of London … we were not just defending British membership in a particular set of European institutions.’

“History to the defeated / May say Alas but cannot help or pardon.” WH Auden’s lines from the Spanish civil war now apply to the British Europeans. We fought to keep our country in the European Union and we lost. The half of Britain that wants to leave the EU was united around Boris Johnson while the half that still wants to remain in the EU was divided against itself, and weighed down by the electoral liability called Jeremy Corbyn.

If the deceptive but effective three‑word slogan “take back control” won the 2016 referendum, so the equally effective and deceptive three‑word slogan “get Brexit done” won this election. Even if voters knew somewhere in the back of their minds that it was too good to be true, in their hearts they wanted it to be. And let’s be honest: even the most passionate of us remainers had some hidden “get Brexit done” corner of our souls.

But now I answer Auden with a great saying from the leader of Poland’s struggle for independence in the early 20th century, Józef Pilsudski: “To be defeated and not give up, that is victory. To be victorious and rest on your laurels, that is defeat.” Den Rest des Beitrags lesen »

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Trump Will Make China Great Again

Posted by hkarner - 23. Dezember 2019

Nouriel Roubini, Professor of Economics at New York University’s Stern School of Business and Chairman of Roubini Macro Associates, was Senior Economist for International Affairs in the White House’s Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank. His website is NourielRoubini.com.

Despite the latest Sino-American „skinny deal“ to ease tensions over trade, technology, and other issues, it is now clear that the world’s two largest economies have entered a new era of sustained competition. How the relationship will evolve depends greatly on America’s political leadership – which does not bode well.

NEW YORK – Financial markets were cheered recently by the news that the United States and China have reached a “phase one” deal to prevent further escalation of their bilateral trade war. But there is actually very little to cheer about. In exchange for China’s tentative commitment to buy more US agricultural (and some other) goods, and modest concessions on intellectual-property rights and the renminbi, the US agreed to withhold tariffs on another $160 billion worth of Chinese exports, and to roll back some of the tariffs introduced on September 1.

Despite the latest Sino-American „skinny deal“ to ease tensions over trade, technology, and other issues, it is now clear that the world’s two largest economies have entered a new era of sustained competition. How the relationship will evolve depends greatly on America’s political leadership – which does not bode well. Den Rest des Beitrags lesen »

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