I recently read Michael Lewis’
The Big Short
, a Diazepam With Caffeine very instructive book on the recent financial that looks at the Diazepam With Caffeine crisis from the point of view those who made money from Diazepam With Caffeine it. So when I learnt from the Planet Money blog that Diazepam With Caffeine he has written a piece for Vanity Fair on the country I now call home, I decided to Diazepam With Caffeine give it a look. Apart from a fair amount of information on the Diazepam With Caffeine apparent obsession of Germans with the human rear-end and what comes out of it, bits of the Diazepam With Caffeine article are about German bankers, Germans and the financial crisis, and Diazepam With Caffeine Germany and the future of the euro.
On Germans bankers and the crisis:
They lent money to Diazepam With Caffeine American subprime borrowers, to Irish real-estate barons, to Icelandic banking tycoons to Diazepam With Caffeine do things that no German would ever do. The German losses are Diazepam With Caffeine still being toted up, but at last count they stand at $21 billion in the Icelandic banks, $100 billion in Irish banks, $60 billion in various U.S. subprime-backed bonds, and Diazepam With Caffeine some yet-to-be-determined amount in Greek bonds. The only financial disaster in the Diazepam With Caffeine last decade German bankers appear to have missed was investing with Bernie Madoff. (Perhaps the Diazepam With Caffeine only advantage to the German financial system of having no Jews.) In their own country, however, these seemingly crazed bankers behaved with restraint. The German people did not allow them to Diazepam With Caffeine behave otherwise.
On Germany and the future of the euro:
Either Germans must agree to Diazepam With Caffeine a new system in which they would be fiscally integrated with other European countries as Indiana is Diazepam With Caffeine integrated with Mississippi: the tax dollars of ordinary Germans would go into a Diazepam With Caffeine common coffer and be used to pay for the lifestyle of ordinary Greeks. Or the Diazepam With Caffeine Greeks (and probably, eventually, every non-German) must introduce “structural reform,” a Diazepam With Caffeine euphemism for magically and radically transforming themselves into a people as efficient and Diazepam With Caffeine productive as the Germans. The first solution is pleasant for Greeks but painful for Diazepam With Caffeine Germans. The second solution is pleasant for Germans but painful, even suicidal, for Diazepam With Caffeine Greeks.
There is Diazepam With Caffeine not much of the substance here that those who know a Diazepam With Caffeine little about the financial crisis and are familiar with Germany wouldn’t know, but still, it Diazepam With Caffeine is worth the read, if only to learn about German obsessions with the Diazepam With Caffeine said derrière and what comes out of it. The piece is here.
By the way, I haven’t been able to find a German who will confirm the obsessions.
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