 AP Photo The southern European countries (and Ireland) have massive current account deficits paid for through the European Central Bank that the northern Europeans have financed. The sums since the summer are staggering, an estimated €630-billion. TAGGED: Finland, Germany, Netherlands, France, Italy, Greece, EurozoneRECOMMENDED ARTICLES| When I was asked to write a foreword to Geert Wilders’ new book, my first reaction, to be honest, was to pass. Mr. Wilders lives under 24/7 armed guard because significant numbers of motivated people wish to kill him,... more ›› |
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