Richard Wolffe, the well known academic economist in the US, is saying that Germany's economic success was largely based on cheap oil from Russia. And that her recent economic stagnation has been self-inflicted by stopping that trade on orders from the US. But perhaps that was the best of two evils.
Excellent as always, but I'm not convinced the Greens would veto abolition or reform of the debt brake. They were the only major party that voted against it back in the day. Would they eat their words out of spite?
That said, I see zero chance the conservatives would abolish. Foolish austerity is in their DNA.
Richard Wolffe, the well known academic economist in the US, is saying that Germany's economic success was largely based on cheap oil from Russia. And that her recent economic stagnation has been self-inflicted by stopping that trade on orders from the US. But perhaps that was the best of two evils.
"Largely" is incorrect but cheap russian gas was certainly a factor in Germany's economics success,
Let's also not forget shuttering nuclear power plants when it comes to self inflicted wounds on their economy.
Excellent analysis
Excellent as always, but I'm not convinced the Greens would veto abolition or reform of the debt brake. They were the only major party that voted against it back in the day. Would they eat their words out of spite?
That said, I see zero chance the conservatives would abolish. Foolish austerity is in their DNA.