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Saturday, April 4, 2015

Ben Bernanke: "Germany's trade surplus is a problem" | Brookings Institution

Germany's trade surplus is a problem | Brookings Institution

Germany’s trade surplus is a problem. Several other members of the euro zone are in deep recession, with high unemployment and with no “fiscal space” (meaning that their fiscal situations don’t allow them to raise spending or cut taxes as a way of stimulating domestic demand).

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