3 ms·
Killing the domestic economy while favouring the export surplus economy. People don't seem to understand that Germany's export strategy is fueled by debt. It l
by imtringued 3y ago
Killing the domestic economy while favouring the export surplus economy.
People don't seem to understand that Germany's export strategy is fueled by debt. It looks fine from the perspective of Germany alone, but this strategy has resulted in an overall increase in debt in the entire euro area and Germans are hypocritical enough to think that they are the heroes saving the EU when the situation is the exact opposite. Euro area debt is bailing out the German export economy.