Debts are not a problem

Debts are not a problem by Ulrike Herrmann, Nov 2020
Rich states can easily get into debt-and the financial markets expect this. Modern Money Theory (MMT) states that our economic system cannot function at all without national debt. Deficits are good, not bad.

Democrats want a big stimulus package to invest in infrastructure and climate protection. Keynesians like Paul Krugman have always called for government investment when the economy is paralyzed

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