'Yet there is another feature that is almost never viewed as a problem in “respectable circles” in Germany, or elsewhere: its huge structural savings surpluses, which have, of course, financed its huge current account surpluses. Many German economists view these as proof of Germany’s international competitiveness and insist that everybody else, especially in the Eurozone, should follow its example. This is nonsense.'
https://www.ft.com/content/2135f8c7-dd60-463c-9bd5-5a907d5f8f1e
Thiago Carvalho /
npub1xa…czham
2024-07-17 14:41:44
Author Public Key
npub1xakev87fgm9edqu6f5jhszwunekjxl3dpnq4sxvm3nzu2ace8xnqyczhamPublished at
2024-07-17 14:41:44Event JSON
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