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If the EU is the basis of decision then Germany's current account surplus is no-never-mind.  Nobody goes around complaining about California's "current account surplus" wrt Iowa.  

If the nation-states are the basis then Germany's current account surplus, and what they do with it, is their own affair ... and let them get on with it.

by ATinNM on Wed Mar 10th, 2010 at 04:05:57 PM EST
Neither is the basis...
by afew (afew(a in a circle)eurotrib_dot_com) on Thu Mar 11th, 2010 at 03:02:53 AM EST
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