@AwetTesfaiesus not sure if this could be related: their public debt is 234.9% of their GDP.
Source: https://www.imf.org/external/datamapper/GGXWDG_NGDP@WEO/JPN?year=2025
@saper Is there a magical number where it all breaks down? Germany is extremely cautious with gov. spending and the debt is 60% of GDP. The number itself does not invalidate the point @AwetTesfaiesus is making.
IMHO: We are living below our standards because the german government is afraid of a big numbers on the budget plan.
I find the question pointed by @AwetTesfaiesus very interesting to analyze, with no "easy" answers.
What worries me personally: who is going to be a decision maker in such a country - the taxpayers or the investors :(
The question is on the table for many years, isn't it?
When countries don't own their assets anymore, who is in charge (really)?
@AwetTesfaiesus Yes, very much indeed
There are many who can give an easy answer to the question who is really in charge. #conspiracy
Awet Tesfaiesus, MdB
Marcin Cieślak
martin