alea iacta esto

Germans Weren’t Created To Bail Out Europe

European countries and creditors should stop moaning about Merkel’s idea that creditors share in the pain of restructuring Europe’s debts. It’s time we all remember that we have no right to cheap credit and a free lunch. If countries don’t want to be dictated to by Germany or the European Central Bank or the IMF then they need to put their economic houses in order.

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