In a statement from the White House this morning, the U.S. will be providing a $1 billion loan to Ukraine.
It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I have the same attitude about the fiscal fight in Europe. On one side, you have “austerity” proponents of higher taxes. On the other side, you have Keynesianswho think a higher burden of government spending will produce growth
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