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In that case Europe really is doomed, because Germany has chosen to identify with the bullies - ultimately at its own expense.

If the Mediterranean countries go, the Eastern European countries will go too, and eventually the markets will pick off the survivors one by one, leaving who knows what.

This is all good news for the neofeudalists but very bad news for everyone else.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu May 6th, 2010 at 09:16:29 AM EST
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