(I agree with #LudovicSubran ) The authors estimate an #investment #gap of ca. €390 billion relative to the rest of the euro area and up to €730 billion relative to the US, my chart AI-powered.
@acemaxx.bsky.social
@acemaxx.bsky.social(I agree with #LudovicSubran ) The authors estimate an #investment #gap of ca. €390 billion relative to the rest of the euro area and up to €730 billion relative to the US, my chart AI-powered.
@acemaxx.bsky.social(balanced-budget obsession)
b/w 2019 and 2025, gross fixed investment fell by 6.4% in #Germany, compared with growth of 6.7% in the rest of the #euro area and 20.2% in the United States, chart #LudovicSubran #AllianzResearch
@acemaxx.bsky.socialThe report contains several points that are consistent with a post-#Keynesian approach. But its overall framework remains investment-led and capital-mobilization-focused, rather than explicitly demand-led, chart #LudovicSubran #AllianzResearch
