47 sats \ 3 replies \ @cryotosensei 21 Oct \ on: Global Debt Spiraling Out Of Control econ
What should the German government do to stimulate real demand in the economy instead of increasing its spending artificially?
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24 sats \ 2 replies \ @TomK OP 21 Oct
Free the market, let households decide on spending and saving to get back to private formation of capital
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0 sats \ 1 reply \ @cryotosensei 21 Oct
How is the Germans’ saving rate like? I know that Singaporeans and Japanese save rather aggressively, so I don’t think leaving to market initiatives will be successful. An example is how the SG government gave each citizen $100 worth of tourism vouchers to stimulate spending during COVID
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0 sats \ 0 replies \ @TomK OP 21 Oct
It's around 11 - 11.5%
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