>>>>>>>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.
>>
>>What a twisted logic <g>.
>
>Why ? Your economy is recovering because Obama fended off the republican zealots with their slash and burn economics.
Another case of twisting facts <g>.
"The creative process is nothing but a series of crises." Isaac Bashevis Singer
"My experience is that as soon as people are old enough to know better, they don't know anything at all." Oscar Wilde
"If a nation values anything more than freedom, it will lose its freedom; and the irony of it is that if it is comfort or money that it values more, it will lose that too." W.Somerset Maugham
