economy germany

Germany’s Obsession With ‘Black Zero’ Fiscal Policy Now Borders On Psychosis

There has to be a pain threshold.

There has to be a pain threshold.
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2 comments on “Germany’s Obsession With ‘Black Zero’ Fiscal Policy Now Borders On Psychosis

  1. Forgive me in advance for this novice question: Do the Germans adhere to this strict fiscal discipline in order to “lead by example” and wag their finger at the other EU countries (like Italy and Spain) where fiscal budgets are a mess?

    • I think Germany, better than perhaps any country, understands the devastating consequences of fiscal irresponsibility.

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