Articles by Thomas Piketty, Die Zeit

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Thomas Piketty: “Germany Has Never Repaid its Debts. It Has No Standing to Lecture Greece or Other Nations”
Thomas Piketty, Die Zeit – The Wire, 13 Jul 2015

8 Jul 2015 – “… Germany is really the single best example of a country that, throughout its history, has never repaid its external debt. Neither after the First nor the Second World War. However, it has frequently made other nations pay up, such as after the Franco-Prussian War of 1870, when it demanded massive reparations from France and indeed received them. The French state suffered for decades under this debt. The history of public debt is full of irony. It rarely follows our ideas of order and justice.”

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