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Joey
DW Planet A
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Comments by "Joey" (@Joey-ct8bm) on "DW Planet A" channel.
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@gregorymalchuk272 Germany reduced their debt. It's not really a recession. France has double the debt and doesn't have a official recession. Italy is even worse. Germany has a healthy economy, they do not. The Germans and the Swedes are the ones who will buy the France and Italian assets when those countries fall. Italy and France already had to be saved. The got saved by Germany because the northern EU low debt countries didn't want to save them. That's not happening again, because Italy and France did not learn and have a way to high deficit again. Italy and France should've been in recession for the last 30 years. They will be soon though. Sweden has one of the lowest debt to gdp's in Europe. They could borrow like crazy for the next 20 years and still be under the 60% guideline of EU debt to gdp. 32.7% debt to gdp is nothing.
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