As may have become apparent, I’m becoming rather annoyed at German policy makers.
They seem, as Paul has noted, intend on free riding of the stimulus packages of others.
What’s more they then criticise those very same stimulus policies.
As Snowflake5 has noted their policies are not working especially well.
But what really annoys is what my friend Vino said this morning in an email:
The thing I find really sad about the German situation vis a vis the US is that – if Germany has high unemployment people will blame it on their labour market/welfare state/social-market economy rather than on sado-monetarism. Bad news for the European social model.