This is an excellent, MUST-READ blog, from Oxford economist, Simon Wren Lewis. Check it out!
via The view from Germany -Simon Wren Lewis – Mainly Macro.
I broadly endorse the views in this article and believe that Germany is applying political pressure on both the ECB and the European Commission.
How long will the European economic crisis continue?
Will German policy force the rest of Europe into deflation with a Japanese style lost decade?
Any thoughts?
Related articles