Competitiveness of Economies as Defined by Billionaires and Multinationals

Germany has slipped from 3rd to 7th place of the most competitive countries in the world. This emerged from the Global Competitiveness Index of the World Economic Forum (WEF) 2019. In theory, according to the forum, a good ranking means high long-term growth potential. In reality, it measures something quite different – something that is closely related to the interests of this powerful lobby of the largest multinationals.

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What the German government must do now to turn around an unsustainable economy

Germany’s economic output contracted in the second quarter and most indications point to a worsening in the third quarter, which is just halfway through. The culprit is only superficially Donald Trump with his trade wars. The German economy has been on an unsustainable path in several respects. Now the government is called upon to act courageously and intelligently to ensure that a deep restructuring crisis is avoided.

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The World Economic Forum is slowly taking over the UN

The World Economic Forum (WEF) and the United Nations (UN) have signed a Memorandum of Understanding to intensify their cooperation. The UN seems embarrassed  – for good reason. It is another step in its self-disempowerment of the UN and another milestone for the club of multinationals on the way to its declared goal – world domination. Sounds exagerated? Read for yourself what the World Economic Forum is writing on the subject.

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European Court of Justice to decide if public institutions have a right to refuse cash

On 27 March, the highest administrative court in Germany, the Bundesverwaltungsgericht, has referred my case to the European Court of Justice (ECJ) in Luxembourg. I have insisted to pay my legally required contributions to public radio and TV with the legal tender, euro cash. This is not possible according to their regulations. The Bundesverwaltungsgericht has ruled that there is indeed a requirement for all public institutions to accept cash based on §14 of the Bundesbank Act, which makes euro-banknotes legal tender. However, they will ask the ECJ to clarify, if this law is in agreement with higher ranking European law.

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