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Re: StephanieVanbryce post# 174859

Tuesday, 05/08/2012 10:47:03 PM

Tuesday, May 08, 2012 10:47:03 PM

Post# of 482926
One very plausible story of what happens next is simply that the European Central Bank will decide it needs to bring the continent's newest leader to heel. If the ECB signals that it will only support the French banking system and the French economy if Hollande sticks with the status quo program, then Hollande may well have no choice. Elections in Europe aren't necessarily what they used to be. Nobody's crying over Silvio Berlusconi, but he was Italy's elected prime minister and he lost power not in an election but it a made-in-Frankfurt call by the central bank. __Matty Iglesias - in Slate

http://www.slate.com/blogs/moneybox/2012/05/06/fran_ois_hollande_europe_s_last_best_hope.html

This was sent to me .. I haven't gone to read it yet ..I just thought it sounded right ... imo, IF..the people understand
this it will really really cause some dismay and even more political unrest ..

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