Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Thursday, February 5, 2015

The European Economy Is Insane

How does that even happen?  I mean, I get the basic fact that Germany has screwed over the rest of the Eurozone with it's selfish monetary policy, but negative interest rate bonds is whacko.

It's time for the ECB and the EU to stop screwing around with Austrian economics and start growing their economies again.

This is bonkers.

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