Nov 19, 2008

Betting 130,000,000,000 Euros on Keynes ...... least this seems to be the number which the European Union wants to invest in a large scale (cross border) government program hoping Keynes is right. The number corresponds to a contribution of 1% of GDP of each nation (Hence, Germany burdens ca. 25bn of the overall package). A great experiment to witness (not only for economists) and analyze in the future!

I am just happy I pay my taxes in Switzerland.

No comments: