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I mean 25% unemployment in Europe after the collapse of the central banks of hungary, poland, and baltics. But I bet you think that those EU central bank regulators could have patched it right up.
by rootless2 on Sun Dec 20th, 2009 at 03:29:18 PM EST
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Hungary's problems are not nearly as serious as you think.

The Baltics are fucked because their politicians are neoliberal fundamentalists. No central banker in the world can save you from neoliberal politicians. (But no, the Baltic central banks have not impressed me.)

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Dec 20th, 2009 at 03:33:40 PM EST
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