German economic policy essentially consists of:
1) Tight fiscal policy to crush any signs of a recovery.
2) Tight monetary policy to crush any signs of recovery.
3) Tie yourself to some profligate countries so that you have a cheap exchange rate and can sell shedloads of exports.
4) When the countries you provided vendor finance to start having trouble paying you back insist that they follow 1) and 2).
5) Wonder why everyone hates you.
http://macro-man.blogspot.com/
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