Fiscal stimulus alone won't cut it—that's the message from German wholesalers right now. They're making it clear that throwing money at the economy through spending packages only masks deeper problems. What really matters? Structural reforms that actually address productivity, competition, and efficiency gaps.

This debate hits different in crypto markets. When policymakers rely solely on stimulus without fixing underlying economic issues, it creates artificial market conditions that can't last. Investors watching these macro trends know the drill: short-term liquidity boosts feel good, but long-term market health depends on real economic transformation. For traders tracking policy cycles and their impact on digital asset valuations, this is essential context.