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Tuesday, June 16, 2015

The EZ firewalls are in the wrong place


So Greece may or may not exit the Euro Currency Union, and Germany's very certain that they've firewalled the Euro banking sector.

Good ol' German hubris.

It seems that what Europe really needed was political firewalls - so that the anti-EU/IMF sentiment presently in Greece won't soon spread to, say, Spain and Portugal. Where is the political firewall?


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