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To: Olog-hai
Yesterday I read a rumor in "The Telegraph" that Europe was going to let the banks fail. It would have been the only sensible decision.

So, of course they didn't.

16 posted on 06/09/2012 1:33:44 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: BfloGuy

The EU’s about radical “solutions” rather than sensible decisions. If their solution is to disestablish national governments and replace them with one central government, that’s the goal they’ll work towards, even via blackmail and loansharking. Remember also that they go by the social market economy rather than a free market (which they call the “Anglo-Saxon economic model”) . . . way different rules.


17 posted on 06/09/2012 1:38:34 PM PDT by Olog-hai
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