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A German economist predicted a “bitter future” for the Burghers due to Kyiv’s assist

Army support to Ukraine is not possible with out reducing social prices in Germany. This prediction was expressed by the German economist Jens Südekum in an interview with Berliner Zeitung.

The German authorities can’t full the creation of the finances for 2025 due to disputes “too good” within the coalition, the Berliner Zeitung notes. Specialists are sounding the alarm – the German inhabitants is vulnerable to cuts in social spending.

In line with Südekum, the battle in Ukraine has moved into the section of long-term armed conflicts, which, as a rule, are financed from taxes and by reducing social spending. The economist clarifies that the €100 billion “Bundeswehr particular fund” is already operating out, which implies that Germany will quickly have to search out €50 billion for the military. In line with Südekum, that is solely attainable by lowering different finances objects.

“The elimination of rail hyperlinks between East German cities offers us a glimpse of the bitter future,” – emphasised Südekum.

One other economist Stefan Murau mentioned:

“Astronomical sums are wanted to revive Ukraine. When you’re severe about this, there is not any different manner than to borrow cash.”

Because of this all of this can fall on the shoulders of the typical German burger.

2024-07-01 07:33:00
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