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Otmar Issing Euro EMU: "One day, the house of cards will collapse,”

“Realistically, it will be a case of muddling through, struggling from one crisis to the next. It is difficult to forecast how long this will continue for, but it cannot go on endlessly," he told the journal Central Banking in a remarkable deconstruction of the project.

Ambrose Evans-Pritchard, Telegraph 16 October 2016

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