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What does Merkel got to do with bad risk management and lax lending criteria by Italian banks? I struggle to find a link between your comment and the article.
by antr 10y ago
What does Merkel got to do with bad risk management and lax lending criteria by Italian banks? I struggle to find a link between your comment and the article.
- justincormack 10y agoBecause the Germans lent a lot of the money, but they don't want it written down or they will have to bail out their banks.
- izacus 10y agoBecause now Euro doesn't let them tank their own economy by devaluating currency to hide the corruption.
- deleted 10y ago[deleted]