Opinion Debt Brakes Are the Best Way Out of The Crisis

The world is currently feeling the pain of a lasting crisis, with massive debt problems in Europe and the United States, tumult on the markets and fears of a new global recession. The only way out, argues a leading German economist, is for every country to establish constitutional limit on budget deficits.
Von Michael Hüther
Germany's blue chip DAX index has perfectly reflected this week's market drama.

Germany's blue chip DAX index has perfectly reflected this week's market drama.

Foto: PAWEL KOPCZYNSKI/ REUTERS
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