The End of Germany’s Economic Delusions?
https://www.project-syndicate.org/commentary/germany-breaking-taboos-on-debt-and-monetary-financing-of-investment-by-katharina-pistor-2025-03
It took a pandemic and the threat of war to get Germany to dispense with the two taboos – against debt and monetary financing of budgets – that have strangled its governments for decades. Now, it must join the rest of Europe in offering a positive vision of self-sufficiency and an “anti-fascist economic policy.”
https://www.project-syndicate.org/commentary/germany-breaking-taboos-on-debt-and-monetary-financing-of-investment-by-katharina-pistor-2025-03
It took a pandemic and the threat of war to get Germany to dispense with the two taboos – against debt and monetary financing of budgets – that have strangled its governments for decades. Now, it must join the rest of Europe in offering a positive vision of self-sufficiency and an “anti-fascist economic policy.”
Related:
https://www.reuters.com/world/europe/germany-faces-debt-deal-cliffhanger-merz-strives-greens-backing-2025-03-14/
https://www.reuters.com/markets/europe/what-germanys-planned-spending-spree-could-mean-economy-2025-03-05/
https://www.reuters.com/world/europe/germany-faces-debt-deal-cliffhanger-merz-strives-greens-backing-2025-03-14/
https://www.reuters.com/markets/europe/what-germanys-planned-spending-spree-could-mean-economy-2025-03-05/