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As I've said before, for economic purposes, the upper levels of the banking sector in Europe and elsewhere tends to act as a quasi-independent nation state.

It's not so much about "Europe", but about European elements in international banking sector joining in with the collective financial nervous breakdown, and demanding that Europe's real economies should pay to clean up the vomit and replace the carpets and the furniture.

The only possible mature and democratic response to this is "no."

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Feb 5th, 2011 at 10:15:49 AM EST
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