Simon Betschinger referred to a Handelsblatt headline that suggested all of Europe should fear France's interest rate curve. He wrote that leftist politicians had "driven Europe into a wall" over the past 20 years and a generation of politicians had stopped investing in the future. Instead, they had accumulated debt to win voters with promises of redistribution. Only a return to a market economy could save Europe, Betschinger wrote. #Europa #Zinskurve #Marktwirtschaft (translated)
