Friday, July 12, 2013

Der Spiegel — Ailing Infrastructure: Scrimping Threatens Germany's Future

From the outside, Germany appears to have a robust economy. But a new study by a leading economic institute reveals that the country is investing far too little in infrastructure and its future, effectively saving itself to death. 
Spiegel Online International
Ailing Infrastructure: Scrimping Threatens Germany's Future
Spiegel Staff
(h/t Dan Lynch)

Confused idea of saving and investment but the problem is clear, underinvestment in the present threatens the availability of resources for the future.

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