Germany must spend more on defense – and go into greater debt to do so, demands economist Moritz Schularick. A conversation about Donald Trump’s possible comeback, China’s ambitions as a new great power and Europe’s role in the world.
Shortly after US President Joe Biden imposed punitive tariffs on Chinese electric cars and other products, Moritz welcomed Schularick for a conversation. The President of the Kiel Institute for the World Economy sees a new Cold War – and calls on the federal government to ensure security and growth through more defense spending.