public debt

Scholz and his Green partners want tackle this by loosening constitutional rules on public debt to allow more spending.

And heavy federal spending in response to the pandemic added to the deficit and bloated public debts, which will crowd out investments and increase the government’s interest costs.

You can read more about the plans we know about here, including Rachel Reeves’ big, planned announcement to change how the country’s enormous public debts are counted.

Analysts are divided on which plan will generate more economic growth, but one thing is clear: More and more public debts will increasingly crowd out investment and accumulation of private productive capacity.

Beyond the crisis in real estate, steep public debt and rising unemployment have hit savings and spending.