3 ms·
Germany doesn't lack money, it just reveres the lack of debt a bit too much. It's cheap for Germany to borrow and invest, and in all likelihood be able to debts
by brnt 2y ago
Germany doesn't lack money, it just reveres the lack of debt a bit too much. It's cheap for Germany to borrow and invest, and in all likelihood be able to debts down and benefit from the investments, but they don't, because debt scary.
A mountain of unrealized goodwill. It's such a pity, because indeed much of infrastructure is barely maintained.
- dpiers 2y agoWell there was that one time Germany owed everyone a lot of money after the Treaty of Versailles and it kind of directly led to Hitler’s rise to power and another World War… makes sense for them to be a bit more conservative than other countries.