@elerianm on the German economy:
“When I was a kid, there was a saying that you watch a game for 89 minutes and in the end it's always Germany always wins. And that's how it will be now”, the he told my colleague @JensMuenchrath and me in an interview. @handelsblatt
Handelsblatt: "Was halten Sie von der Schuldenbremse?"
Mohamed El-Erian: "Nicht viel, warum sollte der Staat seine Freiheit einschränken, wenn es um die Finanzen geht?" 🎯
https://t.co/9qeI2vEc0s
Great article by @AstridDoerner and @FWiebe from @handelsblatt. ECB interventions in Euro bond markets are inherently political, like in 2022 when it capped Italian yields, indirectly helping Meloni get elected. ECB is “king maker.” https://t.co/V9HRIGmKjH
Große Ehre. @AstridDoerner & ich haben den DDV-Preis für Wirtschaftsjournalismus 2023 gewonnen für unsere Serie zum #FTX-Crash. Wie konnte es dazu kommen? Wir sind auf Spurensuche gegangen, haben u.a. #SamBankmanFried im Hausarrest interviewt. Vielen Dank—wir nehmens als Ansporn!
On #Consensys#zkEVM: “So, most of the L2s or even all of the L2s will be virtually as save as Ethereum. They will get 99.99% of the security guarantees of the Layer One Ethereum.” #ETHDenver2023#Blockchain
NYC is limiting the hours when trash is taken out because of issues with rats, and it's genuinely hard to pick a favorite quote from today's presser
Pick your fighter:
#Fed Governor Lisa Cook: “we don’t want to repeat the stop and go policies of the 80s”. Reiterates necessity to raise rates “until the job is done”. #NBA#IMF#Handelsblatt