February 13th, 2012 at 5:56AM
marci-x: As high priest of the “household fallacy” - the false equation of...

m-x:

As high priest of the “household fallacy” - the false equation of macro-economics with the budget of a Schwabian Hausfrau -, Schäuble thinks Greece is in trouble because it spends too much, not because it is trapped in debt deflation with a badly over-valued currency.

itt hangosan…
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