MERZENOMICS: återhämtning genom militära utgifter, och av skulder, är redan ett fiasko.
Robin Brooks
Robin Brooks11 aug. 21:56
Germany is in big trouble. The massive fiscal stimulus announced in March just racks up debt and isn't lifting manufacturing. No surprise. Germany is suffering from a cost shock and too much red tape. You don't fix that with fiscal stimulus and debt. You just make things worse...
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