Goodbye Bulls – Hello Bears

SHANGHAI – Germany is against the world’s major economies launching a fiscal stimulus package in the face of slowing global growth, its finance minister said Friday.

“Thinking about further stimulus just distracts from the real task at hand,” Wolfgang Schaeuble told a conference ahead of a G20 finance ministers meeting, adding that Berlin does “not agree on a G20 fiscal stimulus package”.

As reported in the Bangkok Post.

German Finance Minister Wolfgang Schaeuble – AFP PHOTO /JOHN THYS


Dear me – history doth repeat.

Cause – cut off money.

Effect – culling of bankers and bulls.


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