Thiago Carvalho on Nostr: 'Yet there is another feature that is almost never viewed as a problem in ...
'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-9bd5-5a907d5f8f1ePublished at
2024-07-17 14:41:44Event JSON
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"content": "'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.'\n\nhttps://www.ft.com/content/2135f8c7-dd60-463c-9bd5-5a907d5f8f1e",
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