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The Guy with a Gold BMW (guest: Dario Perkins)

The Market Huddle

CHAPTER

The German Election Is a Really Pivotal Moment for Yeurope

Sa: The german election is a really pivotal moment for yeurope. And so i think they've realized that those kinds of rules are ong to have to change. But, you know, what happened? I mean, the they took interest rates from 15 % to very low, kind of single digits. And er, they created a massive boom. We had a massive housing boom and a massive credit boom. Those not things that we could reproduce. It wasn't just that, it was austerity. It was austerity a combined with massive d regulation of financial markets. That led to, i this huge boom in credit.

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