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given that I tend to have sympathy for the German position today that too many took too much debt on and these people will have to go through lean years, I don't really see any contradiction in my position.

The problem was created by too much debt. The debate is whether trying to be virtuous today is more dangerous than trying to save the economy through yet more debt (ie is certain pain today better or worse than uncertain pain later, and how would that future pain be)

Wind power

by Jerome a Paris (etg@eurotrib.com) on Thu Jun 10th, 2010 at 09:22:25 AM EST

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