My guess is that Germany will be OK, because the electorate in Germany is more realistic than in most comparable countries, the UK in particular. Germans don't seem to suffer from the illusion that they can have world-class public services with low levels of taxation. Hence Germany's relatively low levels of debt. Germans also save more than Anglo-Saxons, which helps.
My guess is that Germany will be OK, because the electorate in Germany is more realistic than in most comparable countries, the UK in particular. Germans don't seem to suffer from the illusion that they can have world-class public services with low levels of taxation. Hence Germany's relatively low levels of debt. Germans also save more than Anglo-Saxons, which helps.
Just shared it with Expats Germany on FB.
thanks Rob, much appreciated.