Kommentar: Deutschlands Wachstum trügt – die Rechnung kommt noch
Deutschland wird auf dem IWF-Gipfel gelobt wie in alten Zeiten. Doch die Regierung darf sich nicht in falscher Sicherheit wiegen. Auch die Bundesrepublik könnte ein Schuldenproblem bekommen.
A surprising turnaround has occurred in global finances. Germany has been hailed as the shining example at the World Bank's annual meeting in Thailand, despite being surrounded by financial misfits. The country's debt situation is comparatively better than that of other nations. After years of stagnation, growth is finally making a comeback.
However, this newfound strength is deceptive. It has led Germany into a false sense of security, potentially leading to policies with disastrous consequences. While it is good that Germany is growing again, even if the growth is driven by the state, it is better than having no growth at all. The money spent on growth is largely invested in meaningful things like infrastructure and national security.
A dose of optimism does Germany good. At the Thai gathering, the embodiment of this wasn't just Finance Minister Lars Klingbeil, but also the President of the Bundesbank. Germany is now being described as "fit for the future," according to Joachim Nagel. The rebound is more than just a false hope, it may even exceed expectations set by forecasts.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
