Comment: Germany's fight against Keynes

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Germany's fight against Keynes

Here is the fundamental problem from Germany's perspective. They understand what it means to have a collapsing economy and what is means to re-build from absolute devastation.

They have a culture of savings and sound money. Which is why many did not want to give up the D-Mark. The Germanic cultures believe in Austrian economics. The Anglos & WW2 victors believe in Keynes.

Good Article: "Germany's fight against Keynes" - http://www.csmonitor.com/Commentary/Opinion/2012/0120/Europe...

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo