Now they tell us: Budget-cutting Euro zone enters recession again

Notice how the argument has morphed.

First it was the standard Teuton Merkel ignoramus view about irresponsible lazy govs doling out favors to its peeps, who are now reaping the bitter fruits of their indolence. (Apparently a majority of deutsche klowns harbor this silly fabricated view)

Then after this got truth hammered into oblivion- since the German gov was spending like drunken korean businessmen in a Seoul whorehouse vis a vis the rest of Europe, it became "well they had a real estate bubble, therefore they are blameworthy and must be punished by forcing their own gov to increase the pain on them for years!"

his argument is not only so mind****ingly moronic so as to require a mental proctologist to surgically un**** the mind that advanced it, but it ignores that Spain's real estate bubble was largely aided and abetted by money from ABROAD. And guess which famously humorless band of spittle flecked schnapps guzzler bankers were the prime enablers of this?

You know the answer already. Danke Georg! One of my favorite quotes from"The Big Short" was when they asked a trader who buys these crappy mortgage products and he replied" Düsseldorf". Of course, those banks got a nice bailout and have escaped the austerity ****pit
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