{"id":4178,"date":"2019-09-18T12:53:46","date_gmt":"2019-09-18T12:53:46","guid":{"rendered":"https:\/\/www.kreisky-forum.org\/veranstaltung\/von-der-schuldenbremse-gefesselt"},"modified":"2025-12-03T11:00:39","modified_gmt":"2025-12-03T11:00:39","slug":"shackled-by-the-debt-brake","status":"publish","type":"kreisky_event","link":"https:\/\/www.kreisky-forum.org\/en\/veranstaltung\/von-der-schuldenbremse-gefesselt","title":{"rendered":"SHACKLED BY THE DEBT BRAKE"},"content":{"rendered":"<p><strong>GUSTAV HORN<\/strong><\/p>\n<p><strong>SHACKLED BY THE DEBT BRAKE<br \/>\nIs the next serious crisis looming?<\/strong><\/p>\n<p>Whether Brexit or Trump - the global and European economy is also experiencing political turbulence. After a few years of economic recovery, the next crisis is already looming, with Germany teetering on the brink of recession. Investment in industry is collapsing, which is usually an early indicator of a crisis. This is not yet affecting the labour markets, but turbulence is to be expected.<\/p>\n<p>At the same time, Germany is shackled by its debt brake and necessary investments have not been made for years. And in Austria, too, such an investment brake is to be enshrined in the constitution, which severely restricts the room for manoeuvre for an active economic policy. Economic policy expertise has not been recognisable at the top of government in this country for years anyway. In the public debate, all of this remains far too much below the perception threshold - although nothing affects the life chances of ordinary people as much as economic policy.<\/p>\n<p>Gustav Horn, one of the leading economic experts in the German-speaking world, analyses the far too underestimated dangers and makes proposals on how governments, and social democracy in particular, should deal with this delicate situation in terms of economic policy.<\/p>\n<p>Moderation <strong>Robert Misik<\/strong>, Author and journalist<\/p>\n<p><strong>Gustav A. Horn<\/strong> is one of the best-known German economists. He studied economics at the University of Bonn and at the London School of Economics. From 2005 to 2019, he was Director of the then newly founded Institute for Macroeconomics and Business Cycle Research (IMK) at the Hans B\u00f6ckler Foundation. In 2012, he was appointed Professor at the University of Duisburg-Essen. He has been Chairman of the Keynes Society since 2019. He specialises in macroeconomics, business cycle analysis and European economic policy. With numerous media appearances, he has established himself as one of the most prominent voices against the prevailing market-liberal economics.<\/p>","protected":false},"excerpt":{"rendered":"<p>GUSTAV HORN VON DER SCHULDENBREMSE GEFESSELT Droht die n\u00e4chste, schwere Krise? Ob Brexit oder Trump - die globale und europ\u00e4ische Wirtschaft kommt auch in politische Turbulenzen. Nach einigen Jahren der \u00f6konomischen Erholung droht schon wieder die n\u00e4chste Krise, Deutschland schlittert am Rande einer Rezession herum. Die Investitionen in der Industrie brechen ein, \u00fcblicherweise ein fr\u00fcher [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","format":[29],"meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"schwerpunkt":[42],"class_list":["post-4178","kreisky_event","type-kreisky_event","status-publish","hentry","schwerpunkt-arbeit-wirtschaft-und-soziales","format-podiumsdiskussion"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VON DER SCHULDENBREMSE GEFESSELT - Kreisky Forum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kreisky-forum.org\/en\/event\/shackled-by-the-debt-brake\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VON DER SCHULDENBREMSE GEFESSELT - Kreisky Forum\" \/>\n<meta property=\"og:description\" content=\"GUSTAV HORN VON DER SCHULDENBREMSE GEFESSELT Droht die n\u00e4chste, schwere Krise? Ob Brexit oder Trump - die globale und europ\u00e4ische Wirtschaft kommt auch in politische Turbulenzen. Nach einigen Jahren der \u00f6konomischen Erholung droht schon wieder die n\u00e4chste Krise, Deutschland schlittert am Rande einer Rezession herum. 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Die Investitionen in der Industrie brechen ein, \u00fcblicherweise ein fr\u00fcher [&hellip;]","og_url":"https:\/\/www.kreisky-forum.org\/en\/event\/shackled-by-the-debt-brake","og_site_name":"Kreisky Forum","article_modified_time":"2025-12-03T11:00:39+00:00","twitter_card":"summary_large_image","twitter_misc":{"Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.kreisky-forum.org\/veranstaltung\/von-der-schuldenbremse-gefesselt","url":"https:\/\/www.kreisky-forum.org\/veranstaltung\/von-der-schuldenbremse-gefesselt","name":"TETHERED BY THE DEBT BRAKE - Kreisky Forum","isPartOf":{"@id":"https:\/\/www.kreisky-forum.org\/#website"},"datePublished":"2019-09-18T12:53:46+00:00","dateModified":"2025-12-03T11:00:39+00:00","breadcrumb":{"@id":"https:\/\/www.kreisky-forum.org\/veranstaltung\/von-der-schuldenbremse-gefesselt#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.kreisky-forum.org\/veranstaltung\/von-der-schuldenbremse-gefesselt"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.kreisky-forum.org\/veranstaltung\/von-der-schuldenbremse-gefesselt#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.kreisky-forum.org\/"},{"@type":"ListItem","position":2,"name":"Veranstaltungen","item":"https:\/\/www.kreisky-forum.org\/veranstaltung"},{"@type":"ListItem","position":3,"name":"VON DER SCHULDENBREMSE GEFESSELT"}]},{"@type":"WebSite","@id":"https:\/\/www.kreisky-forum.org\/#website","url":"https:\/\/www.kreisky-forum.org\/","name":"Bruno Kreisky Forum","description":"Bruno Kreisky Forum for International Dialogue","alternateName":"BRUNO KREISKY FORUM f\u00fcr internationalen Dialog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.kreisky-forum.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"}]}},"_links":{"self":[{"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/events\/4178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/events"}],"about":[{"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/types\/kreisky_event"}],"version-history":[{"count":1,"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/events\/4178\/revisions"}],"predecessor-version":[{"id":6758,"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/events\/4178\/revisions\/6758"}],"wp:attachment":[{"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/media?parent=4178"}],"wp:term":[{"taxonomy":"schwerpunkt","embeddable":true,"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/schwerpunkt?post=4178"},{"taxonomy":"format","embeddable":true,"href":"https:\/\/www.kreisky-forum.org\/en\/wp-json\/wp\/v2\/format?post=4178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}