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This is so plainly obvious that it is a bad idea, that one has to wonder: Maybe there is some (difficult to understand) reason to do this? Who stands to benefit? I could see capital flight to Germany, but even so, the potential chaos of a Euro-periphery bank run could be catastrophic to everyone (incl Germany).

I know lunacy is the most obvious explanation, but can anyone try to find a rational perspective on this?

by cagatacos on Sun Mar 17th, 2013 at 01:51:55 PM EST

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