Editor's note: This post was first published on 2 July 2018 on Patreon.
Marshall Auerback keeps urging me to write something on what's going on in Germany right now because it's making headlines. I think the big question regarding Germany is about the potential collapse of the German government and what it means for the direction of Europe. Because the situation is fluid, I don't have a fixed idea of where this is heading. However, I do have a few comments on potential outcomes below.
Working class anger more than race or xenophobia
I want to start my comments with the working class here because the issues are similar to the ones that got Donald Trump elected and got the UK to vote for Brexit. For this reason, when people in the US use race as the main issue that led to Trump, I think...
As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.
Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.