{"id":27208,"date":"2022-07-15T10:42:08","date_gmt":"2022-07-15T08:42:08","guid":{"rendered":"https:\/\/frankfurt-main-finance.com\/?p=27208"},"modified":"2022-07-15T10:48:46","modified_gmt":"2022-07-15T08:48:46","slug":"dvfa-investment-professionals-take-a-critical-view-of-big-government-in-the-longer-term","status":"publish","type":"post","link":"https:\/\/frankfurt-main-finance.com\/en\/dvfa-investment-professionals-take-a-critical-view-of-big-government-in-the-longer-term\/","title":{"rendered":"DVFA Investment Professionals Take a Critical View of Big Government in the Longer Term"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"27208\" class=\"elementor elementor-27208 elementor-27195\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b89adb7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b89adb7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3c8debc\" data-id=\"3c8debc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34d32af elementor-widget elementor-widget-text-editor\" data-id=\"34d32af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Cold War 2.0 or Regime of Radical Insecurity<\/strong><\/p><p>The first question dealt with the association of terms with the new political regime. The paraphrases &#8220;Cold War 2.0&#8221; and &#8220;regime of radical insecurity&#8221; were almost on a par here with 44 % and 43 % respectively. 13 % opted for &#8220;postmodernism&#8221;.<\/p><p><strong>Trade now without change? Remains to be seen<\/strong><\/p><p>The next question asked whether the policy approach of change through trade has failed. 48 % think it is too early to judge. 36% see the approach as a failure and 16% still give Change through Trade a chance, answering no.<\/p><p><strong>Length of new phase unclear<\/strong><\/p><p>The question 3 was to define the epoch we are probably in right now. Half of the investment professionals think that it is not yet possible to say. 21% think it will take much longer than 10 years; 17% think a decade is realistic and 12% believe it will be shorter.<\/p><p><strong>Great concern about too much state<\/strong><\/p><p>The increasing trend towards more government and industrial policy is viewed very critically. In the comments, this path is regretted but seen as probably without alternative, also due to failures in the past &#8211; for example, the timely adjustment of the structural framework conditions. 58 % of the survey participants view the situation with concern, 28 % think one should continue to observe the development. 12 % think the trend is necessary and good, and 2 % have no opinion on the subject.<\/p><p><strong>Personal fear of war and loss of prosperity<\/strong><\/p><p>The last question asked which effects the investment professionals feared most for themselves personally. The threat of war was answered by 32%, inflation by 28%. Only 1% feared the threat of unemployment. Loss of wealth was the most frequent response to the question, at 39%. There is a strong awareness that people in the financial sector are in a rather privileged situation. A loss of prosperity reflected in the population as a whole could mean that there will be a further division in society, the middle class will be burdened even more and the gap between rich and poor will widen.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-509f943 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"509f943\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-777e43d\" data-id=\"777e43d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-203ea0f elementor-blockquote--skin-quotation elementor-blockquote--align-left elementor-widget elementor-widget-blockquote\" data-id=\"203ea0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\t\"The medium-term concerns about the renaissance of state interventionism and the personal fears of war and loss of prosperity were most clearly heard. Because of the feared loss of prosperity, there are also fears of stronger redistribution discussions in German society.\"\t\t\t<\/p>\n\t\t\t\t\t\t\t<div class=\"e-q-footer\">\n\t\t\t\t\t\t\t\t\t\t\t<cite class=\"elementor-blockquote__author\">Ingo R. Mainert, Deputy Chairman of the Board of DVFA<\/cite>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5e81ecc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5e81ecc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1b95546\" data-id=\"1b95546\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-957e115 elementor-widget elementor-widget-text-editor\" data-id=\"957e115\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>Text: DVFA <a href=\"https:\/\/www.dvfa.de\/der-berufsverband\/veroeffentlichungen\/monatsfrage.html\" target=\"_blank\" rel=\"noopener\">Press Release<\/a><\/em><br \/><em>Cover Image: Unsplash<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-efa68f0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"efa68f0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3636ca0\" data-id=\"3636ca0\" 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class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tLinkedIn\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<div class=\"tmnf_excerpt\"><p>The topic of the DVFA monthly question in July was the current geopolitical situation and turning times and what they might mean now.<\/p>\n<\/div>","protected":false},"author":7,"featured_media":27206,"comment_status":"closed","ping_status":"open","sticky":false,"template":"template-fullwidth.php","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[81,109,6],"tags":[319],"class_list":["post-27208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finanzplatz","category-mitglieder","category-news","tag-dvfa-en"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/posts\/27208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/comments?post=27208"}],"version-history":[{"count":0,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/posts\/27208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/media\/27206"}],"wp:attachment":[{"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/media?parent=27208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/categories?post=27208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frankfurt-main-finance.com\/en\/wp-json\/wp\/v2\/tags?post=27208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}