Or should I even begin to carp about young people who do not seem the least bit interested in financial issues? That would probably be like me bringing sand to the beach. As a representative of the Deutsche Bundesbank, however, I can give you an insight into the effects of the challenging times that we are currently experiencing.
2 Current challenges and upheavals The COVID-19 pandemic and the Russian war of aggression against Ukraine have brought about a considerable transformation of the geopolitical environment – compounded by the challenges posed by climate change. We are in the midst of not one, but many crises. Our world has become harder to navigate, our future more uncertain.