• Countries with very large current account surpluses like Germany and the Netherlands save too much and invest too little, risky when growth slows.
• Add to that negative yields, budget surpluses, the impotence of monetary policy and the eurozone adjustment burden and the case for fiscal stimulus becomes extraordinarily compelling.
• Luckily enough, there are signs policymakers are waking up to this compelling logic.

Source: The Big Fiscal Stimulus Coming From The EU | Seeking Alpha