​”We Need Higher Growth, Not Higher Deficits” – Tyler Durden

“We Need Higher Growth, Not Higher Deficits” By Elwin de Groot, head of macro strategy at Rabobank “We can’t rely on tax revenues to keep flowing – we need economic growth”, was German Finance Minister Lindner’s response to the latest estimate of the expected tax take for the German federal government for the five years up till 2028. This tax estimate – compiled twice a year by a broad working group – now looks to be some EUR12.6bn smaller than when it was estimated back in May. Speaking at the sidelines of the IMF meeting in Washington, Lindner’s second point…  — Continue at ZeroHedge News : Read More