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Merkel was certainly not the origin of the neo-liberal infestation of the EU and the European banks, but she does go along with much of the worst of the doctrine. This is probably because she sees them as constituents and thinks she is helping them. I do give her credit for pushing for writedowns, at least in some fashion.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Nov 27th, 2011 at 02:04:37 PM EST
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