Daily commentary: On free money for the German government

Not a lot to say today but I do have a lot of links. The stories today are all the same, which is why I don't have a lot to add.

One story to note is that the German government is now borrowing 2-year money at zero percent. This tells you that the Germans continue to benefit from Europe while the periphery does not. The prevailing narrative as to why this is so is because the Germans are frugal and conservative and the peripherals are not. I don't buy that narrative, at a minimum because i k...


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