Holger Zschaepitz(@Schuldensuehner):Good Morning from Germany, where the AAA rating is becoming a growth bet. Rating agency Scope sees potential growth at just 0.8% vs 1.6% for AAA peers and debt rising from 63.5% of GDP in 2025 to ~83% by 2036. If growth slips to 0.4% and borrowing costs rise 50bp, debt nears 90%.

Holger Zschaepitz

@Schuldensuehner

Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics:

加入 May 2009

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Holger Zschaepitz@Schuldensuehner

2026.09.14 12:07

Good Morning from Germany, where the AAA rating is becoming a growth bet. Rating agency Scope sees potential growth at just 0.8% vs 1.6% for AAA peers and debt rising from 63.5% of GDP in 2025 to ~83% by 2036. If growth slips to 0.4% and borrowing costs rise 50bp, debt nears 90%.

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