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Jan 5 • 07:23 UTC • 🇩🇪 Germany • Die Welt

"Economically Completely Wrong Headed" – Institute Warns of Drastic Increase in National Debt

A new study by the Düsseldorf Institute for Macroeconomics and Business Cycle Research warns that if defense spending is permanently exempted from the debt brake, national debt could rise to nearly 100% of GDP by 2050.

#debt #germany #economy #defense spending #macroeconomics
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