Top Economist Criticizes Boris Pistorius: Are Billions Being Wasted on Outdated Military Tech?

Moritz Schularick, president of the Kiel Institute for the World Economy (IfW), has criticized German Defense Minister Boris Pistorius for the current direction of military procurement, arguing that a significant portion of the planned 700 billion euros designated for Bundeswehr modernization through 2030 is being misallocated. According to Schularick, the government is prioritizing traditional hardware … Read more