RNMBF - Rebooting German Economy By Investing In Defence Industry
Economic stimulus as a drug addiction
The announced economic stimulus packages in different countries have different focus. Some of them concentrate more on infrastructure projects, while others provide greater support to businesses. But what matters most of all is whether the government can apply new measures to support economic growth other than money-printing. I agree with those experts who conclude that the German stimulus package is well-designed, even compared with the U.S. program. Out of €130 bln, allocated for supporting economy following a coronacrisis, immediate economy support measures, called the “Economic and crisis management package,”