Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year

Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year Submitted by Thomas Kolbe Friedrich Merz does not make it easy to interpret current economic data correctly. The debt king from Brilon is not only distorting the statistics with his “special (debt) assets”: More than 320 billion euros in direct and indirect state subsidies are flowing, according to Freiburg economist Lars Feld, through subsidy channels that are penetrating ever deeper into the German economy. Artifi