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Overzealous or prudent? Germany has a healthy debt to GDP ratio for its demographics. Changing this will be a mistake. Just look at America that can't stop r
by thiago_fm 3y ago
Overzealous or prudent?
Germany has a healthy debt to GDP ratio for its demographics.
Changing this will be a mistake.
Just look at America that can't stop running bigger deficits.
Germany is an example for the EU, by running a deficit it would give a bad example to already struggling countries such as Italy.
It's ok to grow or even enter deflation if you must, if you decide to fight the monster, you end up becoming it like Japan and the US.
- nicbou 3y agoNot if the savings come at a future cost, for example by neglecting investments that will be far costlier down the road. I can save money today by not doing my car maintenance, but I will hurt from it later.