''Neo mercantile'' in the sense that they constantly maintained relatively low labour costs and a cheap currency to get a price advantage on global markets. Of course that had its price as german banks are crediting the deficits of the trading partners. 

I think the debt break was a signal to german taxpayers after the debt and banking crisis 2010 with massive bail-outs of german banks to regain trust.

GhostofTruth

econ

Fiscal Rules Do Not Undermine Investment, But Government Profligacy Does

OriginalSize

> What is important is that at a certain point, the bond market sets a limit for the legislator and the players through rising interest rates and a strong sell-off of government debt.

Do you think the debt brake is something legislators only need to consider when there are credibly safer places to store money? I mean on a global scale if there's nothing safer than treasuries, a strong sell off seems impossible, so there's less need to nudge with fiscal rules.

> neo mercantile trade model

Does this mean Germany is importing things to resell to other EU states?