So far this month (March), copper has had its best in almost 3 years. China and the US are going to be in spending mode and that will help support commodity prices in general (except oil).

Europe is hoping to weather this storm without having to spend anything. I personally don't care very much for big deficits when we have come so far in reducing our debts.

But on the other hand some wise spending is called for, just don't go off spending like a drunken sailor just come into port after 6 months at sea.