12. You are right. I am not sure what to make of this...
... as most people, I am not fond of bailing out a giant Ponzi scheme with taxpayers' money, but agree with the Obama/Brown camp that some bailouts are a necessary lesser evil to preserve the flow of money and jobs. Not sure why Merkel is opposed to that - she is a Physicist and certainly can do her math. Maybe there are some parts of the story I don't know.
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