To: The Right Honourable Minister Mr. Peter
Altmaier
From: Athinarayanan Sanjeevraja
Date: November 15, 2018
RE: German Economy in 2018
Suggestion:
The
Hon. Minister, let me start by paying my respects to you and through you to. I heard
that German economy slow down in 2018. In my opinion, Hon. Trump protectionist
threats have been enough to bring uncertainty to Germany. The German economy
fall happened because of drop in trade. As a German scholar, I knew that German
society being highly organised. Germany is the leader in smart factories.
Germany will remain the home of the most advanced manufacturing technologies in
the world. If I am not mistaken, Germany already has increased CAPEX. It would
make better sense to increase investment in CAPEX once the economy slow down. In
my humble opinion, Germany should increase in public spending on poor people
that would help the German economy but lets not pretend that debt fuelled
growth like the US and the UK or housing baffles are the solutions to
globalisations, aging and technology. I am quite confident that Germany
manufacturing will get a huge boost when you finally decide to go to 3% defence
spending.
The
Hon. Minister, Germany is quite good in production. We should respect the
production first and only then consumption from what has been earned in solid
production. There is no doubt in my mind that Germany will get back its economy
on track very soon.
Thank
you very much for your attention.
Respectfully
yours
Athinarayanan
Sanjeevraja.
Athinarayanan
Twitter
Athinarayanan
Advisory Authority.
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