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"In fact these bailouts where were unpopular in Germany, because it cost us a lot of our money, we could have spent on infrastructure, education, etc." The mone
by base 11y ago
"In fact these bailouts where were unpopular in Germany, because it cost us a lot of our money, we could have spent on infrastructure, education, etc." The money was provided as a loan, was not given for free, you even get a return on investment so that kind of comments are made by populist politicians and don't make any sense.
https://medium.com/@gavinschalliol/thomas-piketty-germany-has-never-repaid-7b5e7add6fff https://medium.com/@gavinschalliol/thomas-piketty-germany-ha...