“Realistically, it will be a case of muddling through, struggling from one crisis to the next. It is difficult to forecast how long this will continue for, but it cannot go on endlessly. Governments will pile up more debt — and then one day, the house of cards will collapse.”

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Originally said in English.

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About Otmar Issing

Otmar Issing is quoted here; further biographical details are not publicly available.

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