The author is chief European economist at PGIM Fixed IncomeWhen someone always gives the same answer, no matter what the question, there is reason to be suspicious. Take German fiscal policy, for example. The answer after the global financial crisis? Austerity. The European sovereign debt crisis? Austerity. Russia’s invasion of Ukraine? Once again, the German finance minister’s answer seems to be: austerity.
本文作者是保德信固定收益(PGIM Fixed Income)首席歐洲經濟學家
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