At G-20, Europe Rejects Obama's Keynesianism

by Benjamin Domenech on 8:25 am June 28, 2010

“Already on Friday, at the G-8 summit that preceded the G-20 meeting, Obama had made it clear that he did not want open confrontation over growth strategies, according to sources in the German delegation.” Because unlike America, Europe now knows they cannot spend their way out of this.

Previous post:

Next post: