by Summary:
In German debt and guilt are the same word: Schuld. So, in Germany, debt has a morally negative connotation. Further, the state budget is referred to as “Haushalt”, which is the word for household. Germans equate state finances with those of personal finances, a concept that is reinforced by German political parties across the whole of the political spectrum. Flassbeck EconomicsThe debtor is always guilty Heiner Flassbeck
Topics:
Mike Norman considers the following as important: debt phobia, deficit hysteria, household analogy
This could be interesting, too:
In German debt and guilt are the same word: Schuld. So, in Germany, debt has a morally negative connotation. Further, the state budget is referred to as “Haushalt”, which is the word for household. Germans equate state finances with those of personal finances, a concept that is reinforced by German political parties across the whole of the political spectrum. Flassbeck EconomicsThe debtor is always guilty Heiner Flassbeck
Topics:
Mike Norman considers the following as important: debt phobia, deficit hysteria, household analogy
This could be interesting, too:
Mike Norman writes Pete Buttigieg and the Myth of Deficit Responsibility — Luke Darby
Mike Norman writes Pete Buttigieg’s Vow to Cut the Deficit Is Fiscally Irresponsible — Eric Levitz
Mike Norman writes The Debt Delusion by John Weeks — Mathew D. Rose
Mike Norman writes Lars P. Syl — Vickrey on deficits and obfuscatory financial rectitude
In German debt and guilt are the same word: Schuld. So, in Germany, debt has a morally negative connotation. Further, the state budget is referred to as “Haushalt”, which is the word for household. Germans equate state finances with those of personal finances, a concept that is reinforced by German political parties across the whole of the political spectrum.Flassbeck Economics
The debtor is always guilty
Heiner Flassbeck