Global Economic Round-Up

The world’s economic problem is best summarized by the fact that while, for the past 20 years, Germany, Italy and Japan have been among the worst developed world governments in terms of providing a healthy environment for economic growth, today, Germany is by far the best in this regard – even though it is no better than it was 20 years ago. The problem is that Italy and Japan have gotten far worse, as have the United States and the United Kingdom. Germany is the best, not because of its achievements, but rather because of the degradation of its competitors.

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