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In fact the German current account surplus increased to 7% even after the European Commission put the "macroeconomic imbalances" threshold at 6% so as not to bother Germany.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Wed Apr 23rd, 2014 at 04:30:54 AM EST
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