Yesterday the European Central Bank (ECB) announced that it will hand out $645 billion in three-year loans to European banks, which the ECB printed out of thin air, like Monopoly money! The interest rate will be 1 percent per year.
Read more of this HuffingtonPost.com Article
Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.
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