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The Paradox of the Creditor Debtor Relationship: Germany the Creditor Nation – Heiner Flassbeck 2/2

Heiner Flassbeck: In Germany, unfortunately, the historical lessons are not even discussed.We’re asking debtor countries to repay their debt, but at the same time we are preventing them being able to do so.
Originally published June 30, 2013 at TRNN with which Lynn Fries is no longer associated.
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Heiner Flassbeck
Heiner Flassbeck (born 12 December 1950) is a German economist and public intellectual. From 1998 to 1999 he was a State Secretary in the German Federal Ministry of Finance (German: Bundesministerium der Finanzen) where he also advised former finance minister Oskar Lafontaine on a reform of the European Monetary System. He became the Chief of Macroeconomics and Development of the United Nations Conference on Trade and Development (UNCTAD) in Geneva in January 2003, a position that he held until resigning at the end of 2012 due to his age.
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