The export dependence of #German economy means that the country is more vulnerable to global shocks than the US, which would require a (more) #countercyclical fiscal policy to stabilize the economy. Yet #German politicians are sticking to the sterile #debtbrake.

> What others discard, he champions. But the last person to be a Confucianist is Ku Hung-ming. He is more native to Chuang-tze and Taoism than to Confucianism.
> A rebel who preaches monarchism; a romantic who accepts Confucianism as his philosophy of life; an autocrat who is proud to wear the sign of slavery – the queue: it is this contradiction in Ku Hung-ming that makes him one of the most interesting figures in modern China.
#CounterCyclical #KeynesStylePhilosophy #ChuangTze #ChuangTsu #荘子