Macroeconomics

Confrontation remains a defining and worrying factor in many places on this planet. In the Pacific, the militaries of China, the US and Taiwan repeatedly confront each other in critical situations on an almost daily basis. There is constant provocation and in the end one does not understand why there is always a need to keep checking how far the tolerance level of the counterpart may go. One day it may be one step too far and whether a quick de-escalation is still possible remains to be seen. In any case, we must hope so.

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