"Angela Merkel, the German chancellor, turned the tables on her international critics on Wednesday by accusing the US and other governments of making “cheap money” a central tool of their economic management, thus planting the seeds of a similar crisis in five years.""Ms Merkel has been wary of raising public borrowing to stimulate demand"
Holy sh!t, why is Europe lecturing us on monetary discipline? Because they are right!
Bush started this bailout and Obama is not only going along but promising more. Unbelievable! Where are the politicians urging caution? Where are the skpetics? Where is the voice of reason and moderation?
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