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If Germany had accumulated real physical wealth instead of money claims on other people, we wouldn't be having this problem.

Like, as I've argued several times earlier, channeling all that surplus cash into buying out ENI, Iberdrola, Santander, UniCredit, all the Greek shipping companies et cetera et cetera.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Thu Feb 16th, 2012 at 08:13:38 PM EST
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