Saturday, December 13, 2008

Why France and Germany Disagree

At Telos, an article examining the deeper sources of Chancellor Angela Merkel's attitudes toward the financial crisis. Keynes has not made a comeback in Germany, argues Philipe Ward, where the great financial disaster of the 20th century was not the Depression of the '30s but the hyperinflation of the '20s. The watchwords there äre not "stimulus" and "demand," he contends, but "ordo-liberalism," "social market economy," and "regulation."

On the other hand, we have the Süddeutsche Zeitung opining that the U.S. Republican vote against the auto bailout marks a return to "Hoover time." Go figure.

And now Le Monde is reporting that Merkel is planning a 30 billion euro stimulus package to be announced in January. Go figure again.

4 comments:

Anonymous said...

I wonder if any of your other readers have yet noticed that SDZ has a picture of J Edgar Hoover rather than Herbert Hoover to illustrate its article. Am trying hard to fathom what this might mean...

Regards,

TexExile (damned computer won't let me post as myself again, but it's me)

Unknown said...

Wow! I hadn't noticed that myself. Perhaps they're thinking of the FBI's role in investigating the Bernie Madoff scandal, the latest tale in the long saga of financial skullduggery in the US.

Anonymous said...

My take is that Merkel is so wary of "Little Napoleon" as Sarko is dubbed in Germany that she wants to wait until he's no longer underfoot to announce her stimulus plan, lest he claims HE convinced her to do it.
Yesterday, saw a German ad with the French President in a tutu iceskating. (Comment "d'you think he'll try to sue them too?")

in other, non-economical news (kinda):
A teacher got a 5-day paycut for writing a letter to the President in which he protests the mandatory 2 hour help for some students, meaning the others no longer have 2 hours of class and must cram the compulsory curriculum in two hours fewer, while he "help" means positions for school counselors, special ed teachers, school psychologists, are being cut. As if a regular teacher could in two hours do what these people do...
http://uneecolepourvictorethugo.hautetfort.com/


What do you make of this report?
http://www.newsweek.com/id/174522

Anonymous said...

^^ nice blog!! ^@^

徵信, 徵信網, 徵信社, 徵信社, 徵信社, 徵信社, 感情挽回, 婚姻挽回, 挽回婚姻, 挽回感情, 徵信, 徵信社, 徵信, 徵信, 捉姦, 徵信公司, 通姦, 通姦罪, 抓姦, 抓猴, 捉猴, 捉姦, 監聽, 調查跟蹤, 反跟蹤, 外遇問題, 徵信, 捉姦, 女人徵信, 女子徵信, 外遇問題, 女子徵信, 徵信社, 外遇, 徵信公司, 徵信網, 外遇蒐證, 抓姦, 抓猴, 捉猴, 調查跟蹤, 反跟蹤, 感情挽回, 挽回感情, 婚姻挽回, 挽回婚姻, 外遇沖開, 抓姦, 女子徵信, 外遇蒐證, 外遇, 通姦, 通姦罪, 贍養費, 徵信, 徵信社, 抓姦, 徵信, 徵信公司, 徵信社, 徵信, 徵信公司, 徵信社, 徵信公司, 女人徵信, 外遇

徵信, 徵信網, 徵信社, 徵信網, 外遇, 徵信, 徵信社, 抓姦, 徵信, 女人徵信, 徵信社, 女人徵信社, 外遇, 抓姦, 徵信公司, 徵信社, 徵信社, 徵信社, 徵信社, 徵信社, 女人徵信社, 徵信社, 徵信, 徵信社, 徵信, 女子徵信社, 女子徵信社, 女子徵信社, 女子徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信,

徵信, 徵信社,徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 外遇, 抓姦, 離婚, 外遇,離婚,

徵信社,外遇, 離婚, 外遇, 抓姦, 徵信, 外遇, 徵信,外遇, 抓姦, 征信, 徵信, 徵信社, 徵信, 徵信社, 徵信,徵信社, 徵信社, 徵信, 外遇, 抓姦, 徵信, 徵信社, 徵信, 徵信社, 徵信, 徵信社, 徵信社, 徵信社, 徵信社,徵信,徵信,