Dec 3rd, 2011
"If Merkel gets her way, Europe is on the edge of a major deflationary spiral. What this could do to the euro area, the entire EU (Britain is by no means immune), and the US is alarming. If that were to happen alongside the euro disintegrating, we have the most serious crisis in Europe since the Second World War."
-- Andrew Sullivan on the continuing collapse of the Euro and the possible results of Angela Merkel's schemes.
Saturday, December 3, 2011
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