Angst
Matthew Lynn at Bloomberg says Germany would do better to leave the Euro currency than impose domestic market reforms like bans on short-selling and speculation.
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Matthew Lynn at Bloomberg says Germany would do better to leave the Euro currency than impose domestic market reforms like bans on short-selling and speculation. “In reality, the Germans will have to accept that membership of the euro means the rich regions have to constantly bail out the poorer ones. Ordinary Germans don’t like that. They are the people who will do the bailing out. And they always prided themselves on having a strong currency.”
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