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Thursday, September 11, 2014

The rest of Europe shouldn't look to Germany as an economic savior

(adsbygoogle = window.adsbygoogle || []).push({}); As France continues to stagnate economically because of socialism and high taxes, and Italy falls back into an increasingly worrying recession, the international community is often looking to Germany as a savior for the Euro. With Portugal and Greece struggling to stay on their feet, it's common to hear economists preaching about how the south of Europe could learn a lot on public debt and governance from their German neighbors. As France continues to stagnate economically because of socialism and high taxes, and Italy falls back into an increasingly worrying recession, the international community is often looking to Germany as a savior for the Euro. With Portugal and Greece struggling to stay on their feet, it's common to hear economists preaching about how the south of Europe could learn a lot on public debt and governance from their German neighbors.  read more


READ THE ORIGINAL POST AT www.economywatch.com