50 percent of Germans believe that the Federal Republic will no longer be one of the world's leading economies in ten to 15 years. 58 percent of business executives said that Germany has passed its zenith. 68 percent of the population see a lasting weakening of industry – a similar number considers this to be a major problem. 76 percent of executives also consider the concern that high energy costs will lead to deindustrialization to be justified. Only 41 percent of respondents still believe that Germany is a very good business location – a dramatic drop compared to 2022.
Deficit is only a problem if you impose abitrarry limitation on your spending like the Dept sealing in the US or the “Schuldenbremse” in Germany.
I mean yeah, true, but the bigger problem here is not deficit spending but rather that at some point the actual supply of sufficient energy will simply no longer be available regardless at which price. You can spend all the money you like but that doesn’t make more goods or electricity appear magically out of nowhere.
So looking at this in terms of money and price is a liberal way of thinking, what really underlies all of this is material reality and physical availability.