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The flaws of the EU's asymmetric approach to imbalances | 132 comments (132 topical, editorial, 0 hidden)
Re: Self-censorship (4.00 / 3)
if it is revolutionary to point our that surplus generating countries can only continue to generate surpluses if other countries generate larger and larger deficits and that at some point this system has to become unstable - then the present economic consensus has reached a height of stupidity difficult to fathom - if I may completely mix my metaphors
A. You're right: If B then C

B. It is indeed outside the mainstream to point that out

Therefore C. the present economic consensus has reached unfathomable heights of stupidity

Economics is politics by other means

by Carrie (migeru at eurotrib dot com) on Wed Jul 20th, 2011 at 11:38:47 AM EST
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The flaws of the EU's asymmetric approach to imbalances | 132 comments (132 topical, 0 editorial, 0 hidden)
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