This guy is extreme. He had in my opinion a track record of being wrong on almost everything for years - until about two years ago when he began to make sense in new topics (typically only in regard to trade and fiscal stuff). Prior to that, he looked a lot like a totally purchasable speaker for big business who said the most obviously stupid and ignorant things.Hans-Werner Sinn
In general, his opinion should be weighed with zero due to his past.
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