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September 12th Looms Large for Germany

aloneinmichigan Wrote: Sep 07, 2012 11:08 AM
It is sad that most of the articles drawing comments are about Sandra Flukes condom usage. Wake up America there are much bigger issues to debate. This is going to affect every man woman and child for the next decade.
The German economy is undoubtedly the powerhouse of Europe. As a result, an understanding of the developments within Germany can offer a strong indication of the path that the rest of Europe is likely to take. Until recently, Germany stood as a bastion of sound money against those Keynesian led regimes in the developed nations that favor continual currency debasement as an economic panacea.
 
Throughout much of the past decade the German monetary bias was upheld by the Frenchman Jean Claude Trichet, the president of the European Central Bank. During Trichet's tenure, the ECB's policies so closely mirrored the...
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