{"id":10121,"date":"2011-11-28T16:28:51","date_gmt":"2011-11-28T16:28:51","guid":{"rendered":"https:\/\/maverickphilosopher.blog\/index.php\/2011\/11\/28\/europe-stares-into-the-abyss\/"},"modified":"2011-11-28T16:28:51","modified_gmt":"2011-11-28T16:28:51","slug":"europe-stares-into-the-abyss","status":"publish","type":"post","link":"https:\/\/maverickphilosopher.blog\/index.php\/2011\/11\/28\/europe-stares-into-the-abyss\/","title":{"rendered":"Europe Stares into the Abyss"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: georgia,palatino;\"><a href=\"http:\/\/www.spiegel.de\/international\/europe\/0,1518,800285,00.html\" target=\"_self\">Here<\/a>.&#0160; Excerpt:<\/span><\/p>\n<blockquote>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia,palatino;\">From the foreign perspective, the situation is clear: Rescuing the euro depends on Germany, which merely has to abandon its resistance to pooling debt. But this sort of &quot;liability union&quot; would not only contradict the so-called no-bailout clause of the European treaties, under which no euro-zone country can be held liable for the debts of another, but it would also be particularly dangerous for the Germans. As Europe&#39;s largest economy, Germany would shoulder the biggest burden and, in the end, could even be plunged into ruin with the rest of the euro zone.<\/span><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">&#0160;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here.&#0160; Excerpt: From the foreign perspective, the situation is clear: Rescuing the euro depends on Germany, which merely has to abandon its resistance to pooling debt. But this sort of &quot;liability union&quot; would not only contradict the so-called no-bailout clause of the European treaties, under which no euro-zone country can be held liable for the &hellip; <a href=\"https:\/\/maverickphilosopher.blog\/index.php\/2011\/11\/28\/europe-stares-into-the-abyss\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Europe Stares into the Abyss&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[216],"tags":[],"class_list":["post-10121","post","type-post","status-publish","format-standard","hentry","category-money-matters"],"_links":{"self":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/posts\/10121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/comments?post=10121"}],"version-history":[{"count":0,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/posts\/10121\/revisions"}],"wp:attachment":[{"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/media?parent=10121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/categories?post=10121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maverickphilosopher.blog\/index.php\/wp-json\/wp\/v2\/tags?post=10121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}