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A comment on Why Germany seems not to want a quick fix for the euro crisis. Parent comment

Re:Why Germany seems not to want a quick fix for the euro cr... by tsotha on Wednesday October 05, 2011 @04:20PM (#3077367)
But bank failures cause a run on other banks. If the entire system collapses the FDIC will be unable to make good on its obligations.
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Re:Why Germany seems not to want a quick fix for the euro cr... by tomjen3 on Thursday October 06, 2011 @02:29AM (#3079267)
The FDIC is backed by the full faith and credit of the United States and just like no politician will vote to reinstitute the draft, no politician will do anything but prioritize those payments very, very high.
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Re:Why Germany seems not to want a quick fix for the euro cr... by tsotha on Friday October 07, 2011 @11:46AM (#3084445)
There isn't enough money. It isn't like they could just issue a few bonds and cover the shortfall.
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