>>>>Germany has sold €3.9bn of six-month bills at a negative interest rate.
>>>>
>>>>Thats really not a good sign.
>>>
>>>There is no good economic news coming from Europe. I just hope Angela and her spanky boys don't talk the rest of the continent into choking off government spending. That will be the surest way to pull the region into a new depression and probably us along with you. It happened once before.
>>
>>We're busy enacting the spending cuts so beloved of the Republicans here. With predictable results.
>
>I don't know that more spending is a solution. Government can certainly keep on spending, but to do that they need to continuously print money and that's a recipe' for hyper inflation.
Government should reign in spending when times are good.
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