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March 15, 2013

Germany's Prudence Is Europe's Poison

Jeremy Warner, Daily Telegraph

AP Photo

There is an amusing perversion of the expression “it is always darkest just before the dawn” – sometimes attributed to Mao Tse-tung – which goes something like this: “No it isn’t. In fact, it is always darkest just before it is completely black.”

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TAGGED: Germany, Eurozone

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