Every Bubble Has Two Components: Something -

The Integration Of Europe Was Very Much Led By A Germany That Was Always Willing To Pay A Little Bit Extra To Reach A Compromise That Everybody Accepted, Because Germany Was So Eager To Get European Support For Reunification. That Was Called The "farsighted Vision," Which Created The European Union.

At Times Of Recession, Running A Budget Deficit Is Highly Desirable. Once The Economy Begins To Recover, You Have To Balance The Budget. But It Will Also Need Additional Revenues. Should The Government Not Receive Them, We Will All Get Punished With Higher Interest Rates.

I Fancied Myself As Some Kind Of God Or An Economic Reformer Like Keynes

I'm Not Doing My Philanthropic Work Out Of Any Kind Of Guilt, Or Any Need To Create Good Public Relations. I'm Doing It Because I Can Afford To Do It, And I Believe In It.

In Politics, Manipulating Reality Can Take Presidence Over Finding Reality.