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May 22, 2013
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I believe it always comes down to Germany. Every other single EU country may “adjust” but unless Germany does as well the crisis will never be over. There are always two sides to an equation (and an acc. entity) and we can clearly see the Germans have not done their part during the adjustment process.They should spend more,save less,be tolerant for some inflation and realize that they will share the burden either way. Thank you very much for the article.

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