Ohoven President of the Mittelstand warns of foreclosure – error by 1929 not repeat Berlin – against any form of protectionism, the President of the Federal Association has pronounced SMEs (BVMW), Mario Ohoven,. The Chancellor before isolationism warnings are justified. What dire consequences has the own markets, shows already the story: only through the introduction of protective tariffs the crisis has expanded in 1929 in the United States to the worldwide depression. This scenario may not repeat in a globalized world such as ours.” Sensitive, in particular an exporting nation like Germany could take damage from such a development. How can we expect other countries to hold open their markets to our products, if we want to build walls against imports from these countries”, so Ohoven. And yet the protectionism in response to the international economic and financial crisis at the moment everywhere on the rise. A reintroduction of export subsidies for dairy products, just think about the EU, or loans of the State for certain industries, as they are discussed in Germany hot, there should not be.

Measures such as these are not well thought through and could have disastrous consequences at the end”, so the middle-class President. A message from NeueNachricht. NeueNachricht is responsible for the content.