How bad will the crisis be for the global economy?

• After the corona pandemic, the war in Ukraine is now further weakening the global economy. Some see the end of globalization as imminent, others just a new phase. One thing is clear: the world economy will reorganize itself.
• After years of debt policy, interest rates are now rising and there is not enough money to invest in new growth. German companies are also feeling the effects.
• In an interview, the economist Mariana Mazzucato explains why the state should now spend more money despite high inflation and what for.

With heavy steps and a heavy heart, the 91-year-old hedge fund investor and Holocaust survivor George Soros stepped up to the lectern on Tuesday evening at the World Economic Forum in Davos. The man who has been warning of the threat to democracy for years has been caught up, even overtaken, by his own gloomy forecasts. “The world has changed dramatically since we last met in Davos,” says Soros.