For him,
the necessary reforms will be painful, and it will take years before these produce any noticeable results. This explains why German politicians, forever with an eye on the next election, have balked at undertaking reforms with the requisite rigor.A reply by a blogger,
Hans-Werner Sinn is the most controversial economic doomsayer in Germany. Having been caught with this pants down by the current upswing, he is now trying to present his outdated visions abroad.In addition, we can find a NYT article on the current upswing of Germany. Make up your mind!
