Tuesday, June 21, 2011

Economic Historian: 'Germany Was Biggest Debt Transgressor of 20th Century'















Think Greece's current economic malaise is the worst ever experienced in Europe? Think again.
Germany, economic historian Albrecht Ritschl argues in a SPIEGEL ONLINE interview, has been the worst debtor nation of the past century. He warns the country should take a more chaste approach in the euro crisis or it could face renewed demands for World War II reparations.




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Spiegel