More debt is the answer!

Right? It’s always the answer. Just look at US-Amerika.

We should be commending the Germans for not going down that deadly road, not smirking at them.

Schadenfreude reigns as Berlin pays the price of its tough line on debt – “It’s karma, no?” said one European official.

Germany has long been the European Union’s penny pincher par excellence — a paragon of fiscal rectitude in contrast to its spendthrift neighbors. But now its insistence on balancing the books is coming back to bite it.

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