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Though I wonder when the charade will end? Another five years? Sometime in the 2020s when presumably von der Leyen or Kramp-Karrenbauer will have to clean up that mess? This "Insolvenzverschleppung" ("fraudulent trading due to balance sheet insolvency" in English) is just a political nuke waiting to explode. The only chance for survival is to enter into a mutually agreeable  debt restructuring that can be favorably obfuscated so that Eurozone creditors don't face the wrath of [a majority] their populace. But common sense has been having a hard time. Why should it be different now?

Schengen is toast!
by epochepoque on Wed Feb 25th, 2015 at 03:07:54 PM EST
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