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   Investment Thoughts - Quotes on the Fly

Do the Germans have a problem with debt?
Excerpt


"The German word “Schuld” has two meanings: “debt” and “fault”. This is something even those critics who do not know German (and often do not know much about Germany either) have learned. They believe that the homonym aptly describes the German obsession with debt."

 

 

Deutsche Bank Research Management, August 30, 2019-Stefan Schneider

21.10.2019