Economics

Who is responsible for the eurozone crisis? The simple answer: Germany

The wrong economic model of the crisis led Germany to insist on tighter fiscal rules which created a second eurozone recession. German influence on the European Central Bank also led it to delay QE for six years, and raise rates during 2011. Finally we saw how the actions taken much earlier by German employers and employees helped to protect Germany from the consequences of all this. 

Comment: It might not be what the football fans want, but agents are

It is understandable, to say the least, why football fans can get so frustrated at the amount of their money that ends up in the hands of football agents. Even in the era of the billionaire foreign benefactor, the theory has always been that the fans’ wages pay the players, through the medium of paying for tickets. For there to be other well-rewarded recipients almost feels like a betrayal of that.

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