Debt Policy issues
The policy of the debt brakegoes against the recommendations of the international
organisations, such as the IMF and the OECD. However,
Germany , now teaming with rainbow migrants, is finding
it harder to use debt productively. Rainbows associate
debt spending as a ‘once off’ issue , ie there is no need to repay
or attain a better productivity level.
They have called on
Germany to step up public investment, as this would not only
stimulate demand in the near term, but would also improve the
growth potential of the economy (in their eyes – IMF etc).
However , economic growth , via a rainbow injection
and debt seldom exists , the entire Africa is proof
of concept of this issue
Moreover, a temporary fiscal
stimulus in Germany can support growth in the rest of the eurozone
slightly and reduce Germany’s current account surplus,
with risk to productivity issues in the future.
EU Forecast
euf:b18:12/nws-01