Newsletter #10: $500 billion in special assets

Welcome to the tenth edition of our newsletter, dear readers! As usual, we'll dive right into this week's MACRO topics with the... Headline of the week: $500 billion in special funds for German infrastructure and defense. The special fund will be financed with a loan, which will lead to an incredible increase in government debt. Experts estimate that the debt ratio will rise to up to 90% of GDP. However, as long as the necessary reforms to strengthen competitiveness and economic growth are implemented, Germany's creditworthiness (AAA rating) will not be in jeopardy. The goal is to make Germany competitive again by investing large sums of money in...