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Soon the Germany would be stuck between a rock and a hard place when it comes to fiscal responsibility. They cannot depreciate the currency because Euro is cont
by sajithdilshan 1mo ago
Soon the Germany would be stuck between a rock and a hard place when it comes to fiscal responsibility. They cannot depreciate the currency because Euro is controlled by Brussels and to pay the interest on debt, they would have to borrow even more and the vicious cycle would continue till they are back in Weimar Republic 2.0