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Global Economic Dictatorship, Phase 2

From Berlin, via Reuters, on Monday morning:

GERMANY’S MERKEL SAYS WE MUST ADDRESS THE ROOT OF THE PROBLEM, THAT MEANS CONSOLIDATING BUDGETS

EURO GERMANY’S MERKEL SAYS THIS PACKAGE IS NECESSARY TO GUARANTEE FUTURE OF EURO

GERMANY’S MERKEL SAYS ATTACK ON EURO CONSTITUTES EMERGENCY SITUATION

Are we witnessing the first steps toward a fiscal union in the eurozone?

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