Not only austerity!

"German policymakers who urge only austerity and wage restraint on the rest of Europe forget that the goal of growth is to raise personal incomes (and spending), and that the real benefit from higher exports is to pay for more imports. " This citation is - Modell Deutschland über alles

MUCH of the rich world is fascinated by Germany. Despite being at the heart of sclerotic Europe, its GDP per head has risen by more than any other G7 country’s over the past decade.

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