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I may be misremembering the timeline, but the way I remember it, the ECB blackmail didn't start until some time after the Irish guarantee. At the time of the guarantee, the ECB was still in denial about there being a crisis at all.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Jun 19th, 2011 at 09:26:16 AM EST
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