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The current turmoil may turn out to be good news for real estate investors in the US. Europe is in for a very tough ride for years to come. There are no good answers and the Euro is on its last legs. The Euro never really made any sense in that you simply cannot merge Greek and Italian cultures with Germany and the Nordic countries. They are different countries for a reason and to think you can merge their monetary systems long term was quite simply, foolish. The Europeans will continue to try to save the system, but in the end it has a good chance of coming apart. The Germans and the Dutch are not going to use their hard earned money to bail out Berlusconi and his antics, nor the failure of Greeks to pay their taxes. Why as a good tax paying German would I do that.

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