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because economists and the press tell us to.

I mean, that line is from Spiegel.com, whose business it is to propagate Angloamerican talking points while making them look like they come from Germany.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Sat Feb 6th, 2010 at 05:50:44 AM EST
[ Parent ]
I'm not sure in this instance. Before the takeover of the current generation at the top eight years ago, the SPIEGEL business pages had a tradition to interview economists (and CEOs and policymakers) challenging the consensus one way or another, to give them a wider hearing. And asking questions with the 'consensus' framing was used to set up for forceful rebuttals of conventional wisdom. (Note that this past SPIEGEL dissected the DotCom bubble and merger mania right at its peak [the issue appearing on the Monday following the all-time NASDAQ record] with a cover story.) So this article could also be an effort by older staff to smuggle in content contrary to the chief editors' line, not just stupid neolib propagandists meeting an interview partner eating them for lunch.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Feb 6th, 2010 at 07:47:45 AM EST
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