Part 6/8:
Austerity's Pitfalls: Germany's erudite understanding of austerity has come under scrutiny. The lessons learned from other nations, particularly Greece and the UK, reveal that austerity can dampen growth and complicate debt reduction efforts.
Underinvestment in Key Areas: As years of underfunding public infrastructure take their toll, calls for increased investment in sectors like defense and public services are growing louder.
Radical Political Movements: There's a burgeoning concern that the rigidity of the debt break has fueled radical political sentiments, notably the ascent of the far-right AfD party. A more flexible fiscal policy might offer the state a better method to address the needs of disenfranchised voters.