Roubini Says Enthusiasm for Germany’s Economic Growth Is ‘Overdone’

The enthusiasm for Germany’s economic growth is overdone and the country’s savings plan is “fatal,” Noriel Roubini, economist and chairman of Roubini Global Economics told a Germany magazine. “The German economy is nowhere near pre-crisis levels yet,” Roubini told Capital on Monday. “The current growth rate may look good on paper, but that is mainly a statistical effect.”- CNBC

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