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group think

Euro zone aristocracy transfixed in 'Eurothink'


Europe's current debt crisis has been blatantly caused by well known financially reckless governments. But the problem of the reckless is being allowed to drag down sound responsible economic states into bailing out the financially reckless ones. Why?
Why dig a bigger hole? The only benefit offered is to maintain unity for unity sake. But the 'rescue package' repeatedly talked about does not address the underlying causes of the financial problem, nor entail removing the culpable captains of the reckless spending and borrowing. It is past time to cut the tether to prevent the ship sinking.

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