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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>European Pundits Starting to Give Up on the Eurozone | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="78Yp1WUa3W"&gt;&lt;a href="https://www.nakedcapitalism.com/2013/08/european-pundits-starting-to-give-up-on-the-eurozone.html"&gt;European Pundits Starting to Give Up on the Eurozone&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2013/08/european-pundits-starting-to-give-up-on-the-eurozone.html/embed#?secret=78Yp1WUa3W" width="600" height="338" title="&#x201C;European Pundits Starting to Give Up on the Eurozone&#x201D; &#x2014; naked capitalism" data-secret="78Yp1WUa3W" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>We've been pointing out for some time that Germany has refused to budge from wanting contradictory things relative to the Eurozone. Now something still has to break, but some of my correspondents who've just been in Europe now think that we will see a political crisis in Europe before we see an economic one, and that, like objects in your rear view mirror, may be closer than it appears.</description></oembed>

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