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Marcel Fratzscher

@MFratzscher wrld.org
German economist
2 followers
Marcel Fratzscher 4d

The author wrote that nearly a third of people live in households that cannot cover unexpected expenses from their own funds. He added that people without savings are defenseless against price shocks. He explained that the welfare state cannot replace missing savings. #Ersparnisse #Sozialstaat #FinanzielleBildung #DE (translated)

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Marcel Fratzscher 4d

In a column for Die ZEIT, the author wrote that rising living costs are one of the biggest threats to trust and the economic situation in Germany. Inflation is deeply antisocial, and politics is helping the wrong people, he wrote. 
https://t.co/abmFwu76I8 #Inflation #Wirtschaft #Lebenshaltungskosten #DE (translated)

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Marcel Fratzscher 6d

The author wrote that the euro is also gaining geopolitical significance. More than 30 central banks wanted access to EUREP, which could strengthen the international role of the euro. However, according to him, this does not replace a deeper European capital market. https://t.co/O5gJaziCnU #Euro #Geopolitik #Währung #DE #EU (translated)

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Marcel Fratzscher 6d

The person wrote that women are disadvantaged in many areas and do a lot of unpaid care work for society, which mostly relieves men. She asked whether women should now be even more disadvantaged. (translated)

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Marcel Fratzscher 7d

The author wrote that in the future, Europe and not Germany will be the decisive economic location. Therefore, there will be no German champions, but European champions. For this, an integrated internal market as well as a capital market and banking union are needed. #Europa #Wirtschaft #Marktintegration #DE #EU (translated)

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Marcel Fratzscher 1w

The author wrote that prejudices would increase, societal divisions would deepen, and society would become more polarized. At the same time, he pointed out that today nearly 30 percent of people in Germany have a migration background. #Vorurteile #Gesellschaft #Migration #DE (translated)

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Marcel Fratzscher 2w

The author wrote that the further softening of the combustion engine phase-out is not a success for Germany and Europe, but will have negative long-term effects on German car manufacturers. As a result, they will lose competitiveness and fall further behind technologically. #Umweltschutz #Automobilindustrie #Energiepolitik #DE #EU (translated)

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Marcel Fratzscher 2w

The author wrote that migration does not solve the problems of pensions, health, and care, but without it, these problems would be significantly larger. He described an open society and the integration of all people into good work—regardless of their background—as the best policy for the welfare state. #Migration #Integration #Sozialstaat #DE (translated)

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Marcel Fratzscher 2w

The author wrote that every fifth nurse now has a foreign passport. Since 2022, all employment growth in nursing has been solely driven by foreign employees. #Pflege #Migration #Arbeitsmarkt #DE #AT #CH (translated)

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Marcel Fratzscher 2w

In a new column for Die ZEIT, migration was referred to as a relief for the welfare state. Migrants, as a group, contribute significantly more to pension, health, and long-term care insurance today than they receive from it, it was stated there. Moreover, an increasing number of them provide services for the welfare state. https://t.co/WswJx20YwQ #Migration #Sozialstaat #Integration #DE (translated)

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Marcel Fratzscher 2w

The author wrote that Europe must develop an ecosystem with more capital, energy, research, startups, and growth financing from individual centers of excellence. In response to the competition for artificial intelligence, he called for higher investments. #AI #Europe #KI #Europa #Innovation #EU (translated)

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Marcel Fratzscher 2w

The author wrote that ASML sold 113 new lithography systems, compared to 86 in Q2. Customers have increased their demand forecasts, mainly due to AI investments; some are already interested in orders for 2029/30. #ASML #Lithographie #KI #NL (translated)

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Marcel Fratzscher 2w

Marcel Fratzscher, president of the German Institute for Economic Research (DIW), also considers the current #Erbschaftssteuer #Bundesverfassungsgericht #Betriebsvermögen (translated)

Erbschaftsteuer: Verfassungsrichter prüfen Privilegien für Firmenerben
www.spiegel.de
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Marcel Fratzscher 3w

The author wrote that care is a task for the entire society and people with greater capacity should take on more responsibility. This creates room for better care, relieves younger contributors, and strengthens social cohesion. (translated)

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Marcel Fratzscher 3w

The author wrote that care is a matter of humanity and solidarity, not just costs. In his opinion, a reform must involve people with broader financial means more and protect people with low income and wealth. He referred to a new column in Die Zeit. (translated)

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Marcel Fratzscher 3w

"Ultimately, this dynamic can lead to a debt crisis," warned Fratzscher. #Frankreich #Schuldenkrise #Euroraum (translated)

Frankreich: Ökonomen warnen wegen Schwäche vor neuer Schuldenkrise
www.spiegel.de
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Marcel Fratzscher 3w

The author wrote that public institutions must have ownership and control over data centers, high-performance chips, and security standards. Europe must also invest in these key technologies to be able to shape internationally. #Technologie #Europa #Innovation #EU (translated)

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Marcel Fratzscher 3w

In a comment for the FAZ, the author advocated for not allowing the most powerful AI systems to fall into private hands. In his view, alongside public oversight, there is also a need for public ownership of central AI models, their development, and the relevant infrastructure. https://t.co/otJ91HBoPH #KünstlicheIntelligenz #ÖffentlichesEigentum #Technologie #DE (translated)

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Marcel Fratzscher 3w

The author wrote that insufficient savings made it difficult to cushion crises, acquire homeownership, start a business, or save for retirement. This meant less economic freedom and personal responsibility and went beyond the issue of inequality. (translated)

Marcel Fratzscher 3w

The author of a column for Die Zeit wrote that private assets are very unevenly distributed between East and West Germany. The gap is at risk of continuing to grow, while this consequence of reunification is often overlooked. https://t.co/I15KeDJM1D #Wiedervereinigung #Ungleichheit #Vermögen #DE #AT (translated)

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