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Tag Archives : Eurobonds

When Germany and France Both Agree on Something, You Can Safely Assume It Is a Terrible Idea

When Germany and France Both Agree on Something, You Can Safely Assume It Is a Terrible Idea

Posted on August 16, 2011

I’ve joked on many occasions that bipartisanship occurs in Washington when the evil party and the stupid party come up with an idea that is simultaneously malicious and misguided. The international version of two-wrongs-don’t-make-a-right occurs whenever the French and the Germans conspire on economic policy. The latest example is a joint proposal for “economic governance” […]

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