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Whether the local (national) zombie banks are killed by local (national) regulators or by EU regulators is de minimus from an economic POV.

I grant there is a emotional side of equal (?) weight going counter to the pure economic analysis.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Mon May 9th, 2011 at 05:01:33 PM EST
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