4 ms·
It must be difficult to be one of the few fiscally responsible developed nations. It’s a bit like how if everyone on your block was racking up massive amounts
by nostromo 2y ago
It must be difficult to be one of the few fiscally responsible developed nations.
It’s a bit like how if everyone on your block was racking up massive amounts of debt to buy lavish goods and throw parties. By comparison you’d feel poor, even if your income was similar. Not until the music stops would your neighbors suddenly be worse off.
It also must be frustrating that in a global economy, everyone is hit with inflation, not just the countries printing massive amounts of currency. Countries like Germany still have to pay the price, even though they’re not reaping the benefits.
- rightbyte 2y agoWell SPD might need to throw more parties or they will be replaced by AfD and Linke.
- epolanski 2y agoThe other side of the coin is that Germany being fiscally responsible can now splurge huge amounts of money and take massive amounts of debt in times of need. The issue is...they don't really have clear plans on how and what to do. You can't just throw money at "innovation" and hope it happens.