Ruin

Paul Krugman : "... the ECB could be in the process of destroying not just the euro, but the world."

Read : http://krugman.blogs.nytimes.com/2011/11/20/the-mark-to-market-amplification-of-financial-distress/.

As Germany holds the steering wheel in the ECB, it might be closer to the truth to write "Germany" instead of "ECB".

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