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Germany is far from on the brink but they would do much better to cut the rest of the EU loose and go it alone with the UK. The problem with the common currency is it required everyone to come up the performance of the Germans.
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In today's paper
Germany, Pop- 82 mill , GDP- E2.4 trill , Debt- E1.9 trill
Italy , "" - 60 " , GDP- E1.54 trill , Debt- E1.84 trill
France , "" - 64 mill , GDP- E1.9 trill , Debt- E1.7 trill
Spain , "" - 45 mill , "" - E1.05 trill , Debt- E674 bill
Greece , "" - 11.2 mill , "" - E220 bill , Debt- E336 bill
Ireland , "" - 4.5 mill , "" - E150 bill , Debt - E171 bill
Portugal , "" - 10.6 mill , "" - E166 bill , Debt - E150 bill
All these country's are almost done.
EU asked China for a loan .
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Hmmm , why are the French and Germans paying for Greece then? Seems like it should be everyman for himself and the end of the Euro experiment ( that didnt take long) .Interesting that none of the scandinavians are listed.