Debunking German (and Dutch) claims to the “right” policy.

“Incomprehensible? Really?” http://fsaraceno.wordpress.com/2013/11/05/incomprehensible-really/

It is wonderful when an economist pokes really large in a country’s claims to the proper economic policy.
One note I would add: Finland has played the rebalancing game, but to me it looks like Finland would very much like to be on the surplus side again. I hope to write about this soon!

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