Top economist Bofinger calls for a future agenda for Germany: “Don’t mess around, just stick around”. “I would first get the construction industry going’, he says.
‘We only overtook Japan because we had more inflation and the yen exchange rate was weak. There is no real growth behind this overtaking process and that brings us to the topic: our economy has been stagnating since 2019’ ‘The German business model consisting of exports, industry and automobiles no longer has a tailwind, but rather a headwind’