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Financial expert analyzes: Is Germany really the sick man of Europe?
According to a report from www.sueddeutsche.de, renowned economic historian Adam Tooze dissects German politics. In particular, he criticizes CDU leader Friedrich Merz, who claimed in the summer that Germany was well on the way to becoming the “sick man of Europe” again. Tooze warns that this kind of rhetoric is a dangerous game. Tooze, who teaches history at Columbia University, gives insights into his thoughts on Germany and the world situation in general in an interview. He emphasizes that a certain de-industrialization would only make Germany “a little more normal” and that it should not allow itself to be nostalgically influenced by it. It is an interesting…
Financial expert analyzes: Is Germany really the sick man of Europe?
According to a report from www.sueddeutsche.de, renowned economic historian Adam Tooze dissects German politics. In particular, he criticizes CDU leader Friedrich Merz, who claimed in the summer that Germany was well on the way to becoming the “sick man of Europe” again. Tooze warns that this kind of rhetoric is a dangerous game.
Tooze, who teaches history at Columbia University, gives insights into his thoughts on Germany and the world situation in general in an interview. He emphasizes that a certain de-industrialization would only make Germany “a little more normal” and that it should not allow itself to be nostalgically influenced by it.
It is an interesting article, but it does not provide any concrete fact-based information to assess the impact of this de-industrialization on the market or the financial industry. Therefore, it is difficult to make precise calculations or analyzes on this. It remains to be seen whether more information will follow to gain a better understanding of the impact of this de-industrialization.
Source: According to a report from www.sueddeutsche.de
Read the source article at www.sueddeutsche.de