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What happens when Germany is trying to pursue export-driven growth and peripheral Euro nations need good old-fashioned development-led growth?

The brainless should not be in banking -- Willem Buiter
by Migeru (migeru at eurotrib dot com) on Mon Mar 15th, 2010 at 07:05:03 PM EST
[ Parent ]
It depends on whether Germany can be persuaded that exports to the rest of the EU as the rest of the EU pursues development-led growth count as exports in symbolic terms.

If they can, that particular national psychosis can be managed. Otherwise, its a mess.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Mar 15th, 2010 at 07:33:05 PM EST
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