Posts Tagged ‘EU Commission’

Notes From Underground: Hello, Vladi Putin? This Is Angela Merkel

April 10, 2014
In further proof that the world is in the throes of lunacy, there is a piece in today’s London Telegraph by one of my favorite financial journalists that will certainly send you rushing for the lithium. Titled, “Germany Risks EU FINES WITH RECORD CURRENT ACCOUNT SURPLUS,” the article highlights concerns in Brussels about the Germans’ record external surplus of over 7.5 percent of GDP, even though the European technocrats in Brussels wanted the surplus at no more than 6 percent.