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Blog Entries by Eric Margolis from 05/2012

France Veers Right

| Posted 05.11.2012 | World
Read More: French Elections, Marine Le Pen, France Elections 2012, François Hollande, France, World Elections 2012, French Elections 2012, French Politics, Francois Hollande, France Elections, Nicolas Sarkozy, World News

As Europe's conservatives watch in dismay and even horror, the second big shoe is about to drop in French politics. Far-rightist Marine Le Pen appears set to emerge triumphant from the wreckage of France's defeated center-right.

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Let Greece Do Debt Cold Turkey

| Posted 05.18.2012 | World
Read More: Eurozone, Greece, G8 Summit, Angela Merkel, European Union, Nicholas Sarkozy, Greek Debt Crisis, Francois Hollande, Euro, Greek Debt, Greece Debt Crisis, World News

What would happen to Greece if it quit the euro? Financial chaos, capital flight, riots and bank failures... maybe. But after the apocalypse, Greece would eventually revert to its 1960's status: a poor but proud nation living off tourism, shipping, agriculture and fishing.

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