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Politics : View from the Center and Left

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To: Steve Lokness who wrote (268102)1/26/2015 1:51:00 PM
From: Sam   of 540952
 
Germany and the Switzerland and then Denmark have one by one said we are not interesting in propping up failed economies.

Yeah, the Germans expect other countries to bail out their banks after their banks went in and were prime culprits in helping to bring down the economies of those other countries.

They are the ultimate hypocrites, as Michael Lewis pointed out back in 2011.

It’s the Economy, Dummkopf!

With Greece and Ireland in economic shreds, while Portugal, Spain, and perhaps even Italy head south, only one nation can save Europe from financial Armageddon: a highly reluctant Germany. The ironies—like the fact that bankers from Düsseldorf were the ultimate patsies in Wall Street’s con game—pile up quickly as Michael Lewis investigates German attitudes toward money, excrement, and the country’s Nazi past, all of which help explain its peculiar new status.




By Michael Lewis
vanityfair.com
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