re: #59 Obdicut

Germans did stimulus.

[Link: www.usatoday.com…]

France did a stimulus package;

[Link: news.bbc.co.uk…]

Norway did a stimulus package

[Link: dalje.com…]

Sweden did multiple stimulus packages.

[Link: www.economywatch.com…]

Did you know about these? And, if so, why are you positing things as ‘stimulus here, and austerity abroad’?

Sure the Euro is several weak nations supported by several stronger nations economically. The stronger ones are the ones that did stimulus. The weaker ones are having austerity imposed. Portugal, Spain, Greece.

I still think this is a real world test of two differing economic theories. And we will not have a clear answer for years.