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In the event the banks refuse to perform together they become the losers. The debtors are large enough to accept down the banks, and this is known by Spain. Does Italy. The banks have come to be a bit too smug and clever for their own good, I believe. I search to be made to buy debt regardless of what, as they are currently locked to the destiny of those states! Obviously the Germans do not need inflation. The United States of Europe is a leap of faith. The City of London is from the information. That distance of degeneracy is definitely worse than the Eurozone. MF International loses cash there, however, the UK already has got the empire, although yes Germany wants an empire. Big banks accept danger there. There are re-hypothecation and hypothecation there.