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More likely, when the present crisis is over the ECB will be a smoking crater and the Commission will be a shell of its former self if it exists at all.

The Commission is also thoroughly infested with quacks, also known as "mainstream economists trained after 1980".

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa

by Migeru (migeru at eurotrib dot com) on Mon Jul 23rd, 2012 at 04:39:57 AM EST
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