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You really are not paying attention to your own government's policy position, are you?

The "debt brake" has now become a condition that Germany wants to impose on the entire EU as a conditionality for allowing enough money to be lent to get over the sovereign debt crisis.

Since the debt brake is economically harebrained, default and let the chips fall where they may is looking better by the day, to be honest.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Carrie (migeru at eurotrib dot com) on Sun Feb 6th, 2011 at 12:42:49 PM EST
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