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The European politicians are totally committed to keeping the eurozone together.
It’s a bad idea, but they are committed to it – and they are willing to spend everybody else’s money – especially German money – to do that.
So says John Mauldin in edited excerpts from a King World News interview, as provided by Lorimer wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in its entirety in any re-posting to avoid copyright infringement.
Mauldin concludes the interview [it can be read in its entirety here and you can listen to it by CLICKING HERE] by saying:
Every time Draghi prints money and he comes up with another half trillion LTRO, we [in the U.S.] should all stand up and give him an ovation and say,”Thank you for keeping the crisis from coming to the United States, and doing it, by the way, on your nickel.”
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