Past Peak

German Economic Strength Threatened By State Spending

Sometimes I really feel like a mummy.
  • Why it matters

    Why it matters

    Recent surveys from important economic organizations give Germany good rankings, but they are not based on current new policies, which the author argues are worrisome.

  • Facts


    • Germany fell to 5th place in competitiveness, but far more worrisome is the economic condition of major euro zone powers such as France and Italy.
    • New policies regarding pensions in Germany will burden future economic growth while virtually no government action has been taken in the areas of tax reform and health policy.
    • The blame falls to the government’s grand coalition, which has failed to deliver on its promise of positioning Germany for the future.
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