As natural disasters intensify, insurers are withdrawing from high-risk regions, mortgages are failing, and real estate values are weakening. Analysts fear a chain reaction that could resemble, or surpass, the 2008 crisis.
Author: Uwe Jean Heuser
Uwe Jean Heuser studied economics in Bonn and Berkeley, earned a Master of Public Administration at Harvard as a McCloy Scholar, and completed his doctorate in Cologne. He joined the editorial team of DIE ZEIT at the end of 1991, where he founded the Reform Workshop and headed the business editorial team for 20 years before founding the newspaper’s new “Green” section in 2021. He is an award-winning non-fiction author and serves as an honorary professor at Leuphana University.
As pressure mounts to divvy up Germany’s largest infrastructure fund in decades, the new chancellor must resist scattershot spending and steer the country toward high-tech transformation.