Exactly the same with the export surpluses mentioned here. If all of them just end up in some EU pots, the money simply seeps away in bureaucracy and a part of it might then reach the Mediterranean region.
Look, just as an example of how opinion comes about without knowledge.
We also have export surpluses with the countries of the Mediterranean region you mentioned here. That means money flows from there into Germany, not the other way around. By the way, we see the amount of net incoming money flows from other euro countries in the infamous TARGET2 balances with those countries.
Germany has been taking on new debt every year in recent years.
A minor issue if you look at the volumes involved in the collapsing foreign demand.
You do not address the basic argument that the revenues of one are the expenses of another and therefore saving in one place necessarily requires debt in another. Why not?
There are also countries with lower government debt and good economic conditions, e.g. Denmark, Sweden, Norway, Switzerland, Netherlands, South Korea
Yes. They exist in two types: export surplus countries (Norway, Switzerland, Netherlands) and the others. The others either work through growing government debt (South Korea) or through labor costs that are much higher than in Germany, everyone pays into the statutory pension, overall more taxes (Sweden).
By the way, South Korea has absolutely the lower debt level, but relatively, of course, the larger increases. These just come from a much lower level. So more % of GDP per year in new debt. Every year!
And now there is a third type: Germany. It is supposed to work without more debt, without more taxes, without dependence on abroad, so obviously also without brains. I am curious how long one can live without brains.