Emanuel Boeminghaus wrote that he has long warned of increasing poverty and referred to a warning from portfolio manager Andreas Beck about a significant loss of wealth in Germany. Beck criticized the rising national debt in a conversation with Apollo News and stated that by 2026, about a third of the federal budget would already be financed by debt. Since 2019, in his estimation, there has been no productivity growth; moreover, the gap in economic performance and income is widening. Cities like Stuttgart and Munich are also increasingly under budgetary pressure, according to Beck. Boeminghaus described the contribution as an important indication. https://t.co/FVgupyiotu #Deutschland #Wohlstand #Wirtschaft (translated)
