Prof. Dr. Dr. hc mult. Hans-Werner Sinn: Public debt economy and where it leads.

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IWP | Institut für Schweizer Wirtschaftspolitik

Published on Jun 14, 2024
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00:00:00 Intro 00:00:37 Introduction by Prof. Dr. Christoph A. Schaltegger 00:10:52 Lecture by Prof. Dr. Dr. hc mult. Hans-Werner Sinn The danger of national bankruptcies in Europe is within reach, says Prof. em. Dr. Dr. hc mult. Hans-Werner Sinn in his lecture at the Institute for Swiss Economic Policy (IWP) at the University of Lucerne. The long period of low interest rates after the financial crisis of 2007 was used by the eurozone countries to take on excessive debt, so that the debt level of many countries exceeds the level of the Second World War. Now that the central banks are raising interest rates to curb inflation, Europe is threatened by a debt crisis, warns Sinn. Website: https://www.iwp.swiss/ Linkedin: / iwp-swiss #government debt #debt crisis #finance #target balances #euro #crisis #banks #money creation #inflation #commons #future #EU #ECB

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