Leading Economist Demands Rollback of ‘15 Years of Merkel Policies’ to Save German Industry
20 Articles
20 Articles
Leading economist demands rollback of ‘15 years of Merkel policies’ to save German industry
Economist Hans-Werner Sinn urges Germany to dismantle 15 years of Merkel's policies to prevent severe deindustrialisation and declining living standards. Immediate action is necessary. Source
He proves what really makes a top economist. Germany needs less Fratzscher and more sense.
The standard of living in Germany “will fall very much” in the coming years, warned renowned economist Hans-Werner Zinn, expressing pessimism about the situation both in his country and in Europe as a whole. He also criticized the reforms of the government of Friedrich Merz, while noting that any growth is mainly financed by new debt. “The standard of living in Germany will fall very much in the coming years. While there is still a strong base…
Germany does not even invest enough to maintain its stock of marred capital, and the planned debt could ruin the country's creditworthiness. Top economist Hans-Werner Sinn expects a drastic loss of wealth and puts Chancellor Merz in a five-point ultimatum.
Hans-Werner Zinn criticized the Merz government's reforms, while pointing out that any growth is mainly financed by new debt.
“There is great concern worldwide about what is happening in Germany and Europe,” noted economist Hans-Werner Zinn in an interview The post Bell by a well-known economist: The standard of living in Germany will fall too much appeared first on in.gr.
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