Germany is planning unprecedented amounts of fresh borrowing. In just a few years, the country has gone from penny pincher to big spender. Why is it that? And could the growing debt threaten its credit ratings?
#germany #nationaldebt #borrowing #dwgermanpolitics
Chapters:
0:00 Germany’s Debt Clock Explained
2:39 Why is the German government spending so much?
4:33 Financing the military is a real problem
6:53 Good Debt vs. Bad Debt
11:26 Debt becomes a growing burden
14:33 Could Germany Lose Its AAA Rating?
17:22 Will the debt ever be paid back?
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