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Would this put pressure on the bottom line of German companies? Sure! But what use is those profits when Düsseldorf just blows them on US mortage-backed securities anyway?

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Mon Feb 20th, 2012 at 01:20:47 PM EST
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Hey, MBS are fixed income. What "investor" in their right mind wants equity risk?

I mean, seriously, we need to stop protecting speculation by idle money.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Carrie (migeru at eurotrib dot com) on Mon Feb 20th, 2012 at 03:11:01 PM EST
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