In order for Germany to overcome global crises and challenges such as demographic change, it needs a new fiscal strategy, according to Economics Professor Lars P. Feld and Finance Minister Christian Lindner (FDP). Their three pillars consist of targeted emergency measures, supply policy and compliance with the debt brake.
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Real estate crisis, protests outside banks and youth unemployment: Many Chinese are feeling the consequences of the strained economy. This has enormous potential for social unrest – and is probably the biggest and entirely home-grown threat to the government in Beijing.
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Immobilienkrise, Proteste vor Banken und Jugendarbeitslosigkeit: Viele Chinesen bekommen die Folgen der angespannten Wirtschaft zu spüren. Das birgt enorme soziale Sprengkraft — und stellt die wohl größte und hausgemachte Bedrohung für die Regierung in Peking dar.
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