With all due respect, statements like that read like an endorsement of the social market economy. You do realize that Germany’s economic model isn’t the same as the USA’s, right? Not to mention that loans of the nature being foisted by the EU on these nations (to get them to reduce deficit to 3 percent of GDP?) are not investments, but political tools.
” - - - are not investments, but political tools.”
IF the 2008 TARP in the good ‘ol US of A was also a type of “investment” of taxpayer money/political tool approved to bailout the bankruptcy of the FHA, Freddy and Fannie Federal Housing Debt, THEN why is the value of the US housing Market still down 30 % after 4 years of taxpayer “help?”
Oops, I forgot. I was supposed to be writing about somebody else throwing good money after bad. Sorry.
I put the word 'investments' in quotes in my last comment because I was being facetious...