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Wednesday, February 22, 2012

Seems to be getting nasty "over there".

1 comment:

Andrew Grodner said...

There is no such thing as a free lunch - seems like Germany either will leave EURO and pay the price with higher currency, or pay the Greeks whose membership in the European Union lowers value of EURO to fuel German exports.

So maybe the inefficient Greeks are not entirely at fault here. What about complacent Germans who gave Greeks false illusion of prosperity by letting them become a member of the club they did not belong to.