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Friday, 1 June 2012

Should Germany leave the euro?

If Germany, instead of Greece, were to leave the euro currency zone, would Greece continue to press for more lenient bail-out terms?  Would France still advocate European "growth" through spending and increased debt if Germany left the euro currency zone?  See Mike Shedlock's interview about the European financial situation, in which it is suggested that European aid is a euphemism for bailing out foreign lenders.

I acknowledge Capital Account for the interview.

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