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Yes, i think all ofthese are factors. A particularly annoying one is the debt break (Schuldenbremse) Germany introduced a few years ago. It prevents many inves
by qznc 3y ago
Yes, i think all ofthese are factors.
A particularly annoying one is the debt break (Schuldenbremse) Germany introduced a few years ago. It prevents many investments currently. This one could be fixed relatively quickly though.
- formerly_proven 3y ago> This one could be fixed relatively quickly though. In the sense that you could just repeal it, but not in the sense that there is a majority for that. The opposition parties are against repealing it, because it damages the current government, and roughly half or more of the government coalition are also against repealing it, because they consider austerity sound economic theory (meanwhile the other half considers rapidly ballooning welfare and transfer payments a feature, not a bug, and also believes rent control works, so arguably there just aren't very many adults in the room setting German economic policy right now). So it's something that cannot be fixed quickly because people are actively against fixing it.
- konschubert 3y agoIt does not prevent investments by industry at all.
- qznc 3y agoI agree, but I have no clue how to fix that. Many industries should take on more debt but somehow they don’t. Maybe they lack ideas what to do with the money?