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The bond markets can't turn on Germany - Germany will be the last member standing in the Eurozone.

The bond markets can turn on the €-Mark, in preference to the Swiss Franc. But frankly, if they believe that Switzerland has substantially better economic prospects than Germany then they are even more delusional than is usually the case.

- Jake

Austerity can only be implemented in the shadow of a concentration camp.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Aug 10th, 2011 at 07:38:57 PM EST
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