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Precisely ~ the logic of a common currency is that since Germany profited from a decade a German banks lending into the Greek bubble economy to generate the purchasing power for German production and employment, as the trade surplus-creating country it bears equal guilt for the imbalance as Greece, the trade deficit-creating country.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Mon Feb 13th, 2012 at 09:58:49 AM EST
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