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For many months, the German economy has been experiencing a slowdown, and the federal government’s only response seems to be to debate its causes. Some see it as merely a temporary economic downturn. Chancellor Olaf Scholz says that the situation is being overly talked up. However, most people consider it a structural problem, resulting from high taxes, insufficient investment, and excessive government intervention and bureaucracy.
Even DIW (German Institute for Economic Research) President Marcel Fratzscher, who has previously…