Is this radical economic idea ruining Germany?

Get access to global coverage at an exclusive 20% discount at https://economist.com/moneymacro Further reading mentioned in the video: How Trump, Starmer and Macron can avoid a debt crunch: https://www.economist.com/finance-and... How best Elon Musk can cut govt. expenditure: https://www.economist.com/finance-and... Why Germany can’t afford to wait on relaxing the debt brake: https://www.economist.com/leaders/202... If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via:   / moneymacro   Sources: https://www.moneymacro.rocks/2024-12-... WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/indus... LIKE CHATTING ECON WITH ME? △ Follow me on Twitter:   / joerischasfoort   △ Follow me on LinkedIn:   / joeri-schasfoort   △ I have a private Discord server for Senior and Chief economist Patrons / members. Timestamps: 0:00 - Intro 01:34 Debt Brake 04:22 Disagreements 07:50 Bad for the economy? 09:49 Golden Rule 11:03 Discussion & Sponsor Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Narrated and written by Dr. Joeri Schasfoort Edited by Chris Adewole