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Old 05-02-2015, 14:14   #1546
Osem
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Join Date: Oct 2006
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Re: Eurozone will collapse...

Quote:
Greece's new finance minister Yanis Varoufakis has urged Germany not to humiliate the country over its debts.

Mr Varoufakis compared Greece's plight with that of inter-war Germany, speaking ahead of a meeting with his German counterpart.

Germany was burdened with massive debts after World War One and threatened by hyper-inflation, crippling its economy.
http://www.bbc.co.uk/news/world-europe-31147112

Quote:
In an interview with German ARD television, Mr Varoufakis said: "I think of the countries in Europe, the Germans understand best this simple message.

"If you humiliate a proud nation for too long and subject it to the worry of a debt deflation crisis, without light at the end of a tunnel then things come to the boil."
Sounds like there's a whole lot of resentment building up...
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