How the pandemic taught economists a lesson about inflation, growth and economic recovery

Economists' assumptions during the pandemic

Even during the coronavirus pandemic, many economists were surprisingly unanimous: the great danger was a phase of low inflation, perhaps even deflation. A few years later, the picture is different. Inflation reached historic highs in many countries, supply chains collapsed and economic developments turned out differently than expected.

The pandemic was not just a health crisis - it was also a stress test for economic forecasts. This article shows where experts were wrong, why this was the case and what lessons can be learned for future assessments.

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From content to substance: how digital systems are created that cannot be copied

System instead of individual content

When you move around in the digital space today, you very quickly get a certain impression: if you are visible, you are successful. If you have reach, you have influence. And if you produce a lot of content, you automatically build up something. This equation seems plausible at first glance - but it is deceptive. Because visibility is not ownership. Reach is not ownership. And content is by no means a foundation.

A post can be read thousands of times and yet practically disappear after a few days. A social media post can go viral - and at the same time have no lasting effect. Even well-placed content in search engines is not automatically stable. They depend on algorithms, platform rules and developments that you have no control over.

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Guided in everyday life - How modern sales tricks control our behavior

Sales tricks in the supermarket and online

It's often the little things that make you wonder. No big events, no loud break - rather a quiet moment when you stop and ask yourself: wasn't it different before? I recently had such a moment in the supermarket. A store I've known for many years. One of those places where you don't have to think. You know where things are. Milk at the back on the right, bread at the front on the left, the usual routes in between. It's a quiet form of reliability that you hardly notice in everyday life - as long as it's there.

But this time something was different. I was searching. Not for long, but longer than usual. The milk was no longer where it always was. A few steps further, then back again. Finally I found it - but the thought remained. Why? At first it seems banal. A shelf is rearranged, a product is moved. That happens. But when such moments accumulate, the whole thing loses its random character. It creates an impression that is difficult to grasp, but is nevertheless tangible: something is being changed here - not for me, but with me.

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Fracking, LNG and energy policy: a sober analysis of risks, opportunities and reality

Natural gas fracking and energy policy

There are political and social discussions that are not linear. They come in waves. Fracking is one such issue. For years, the matter in Germany seemed settled. With the legislative package of 2016 and the resulting regulation from 2017, the framework was clear: commercial fracking in unconventional reservoirs will not take place. The debate calmed down and the issue largely disappeared from the public eye. It was as if a lid had been put on it.

But this impression was deceptive. Because while the debate in Germany was dying down, the world was changing in the background. The energy supply, which had long been considered relatively stable, came under increasing pressure. Prices began to fluctuate, supply chains became more fragile and geopolitical tensions increased. The events from 2022 at the latest made it clear that energy is not a matter of course, but a strategic commodity.

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Who actually is J. D. Vance? A portrait of his origins, career, contradictions and future

Who is J. D. Vance?

International reporting on the United States is usually dominated by the big, loud figures. Names that polarize, that provoke, that generate headlines. For many European observers, politics in the USA is therefore often an interplay of escalation, conflict and clearly recognizable opposites. And then suddenly a name appears that doesn't fit into this picture at all: J. D. Vance.

Not a classic loudspeaker. Not a man of grand gestures. Not a politician who immediately attracts attention with pithy words. And yet he is suddenly there - in interviews, in analyses, in political debates. Not as a marginal figure, but as someone who obviously plays a role that is bigger than it appears at first glance. For many readers in Germany or Europe, this is precisely where the real question begins: who is this man anyway - and why has he suddenly become so important?

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The Iran-Israel conflict: Why this escalation is the West's strategic nightmare

Israel-Iran - Strategic nightmare

There are moments in the story when you sense that something is shifting. Not abruptly, not with a single decision, but like a line that slowly but inexorably runs through the dust of old certainties. The past few days have been such moments. I wondered for a long time whether I should really write this editorial - after all, I have already dealt with Iran in detail once before and made it clear that you can only understand this country and its power structures if you look at the decades-old lines. But it is precisely these lines that have now become visible again, more clearly than ever.

What makes me sit up and take notice is not just the hard facts: the nightly strikes, the overloading of Israeli missile defenses, the rhetoric of political leaders, the increasing shift of power in the background. It is the underlying pattern - the sense that here is a conflict entering a phase that will be a nightmare for any strategist. And that is precisely why I am writing this article: because many see the surface, but hardly anyone understands what is brewing underneath.

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From the end of compulsory military service to school strikes: the new debate on the Bundeswehr and education

School strikes on compulsory military service and the Bundeswehr at school

When I myself was conscripted into the Bundeswehr in the 1990s, it was still a fairly normal part of life for many young men in Germany. Anyone who had finished school did either civilian service or military service. It was simply part of life back then - just like training or studying. People talked about it, they knew roughly what to expect, and almost everyone had someone in their circle of acquaintances who was currently doing military service or had recently done so.

I myself also did my military service. There were no major ideological debates about it in my environment. Of course, there was criticism of the military or discussions about deployments abroad - but the Bundeswehr was basically a normal part of the state. It was there, but it didn't play a particularly dominant role in most people's everyday lives. Interestingly, this also applied to school.

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When I was on the phone with a robot - how AI is conquering the phone and how to recognize it

Phone call with an AI robot

There are moments in everyday life that seem completely banal at first. You're sitting at your desk, working on an article, thinking about a new topic - and suddenly the phone rings. A number you don't recognize. In my case, it was an area code from the Ruhr region: 0233 something. As a self-employed person, you occasionally get calls like that. It's usually about advertising, services or advice that you don't actually need.

So I initially answered the call as normal. A friendly female voice answered on the other end. She introduced herself as an employee who works with Facebook and Instagram. Unsurprisingly, it was about advertising. About ads. About reach. Visibility for companies.

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