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Angela Merkel Not Sure Why You Think So Highly Of This Euro Thing

What's wrong with you people?

"Mein lieber Gott!"

Have you never heard of Greece? Of Spain? Of Ireland? Of the continent’s continuing economic malaise? Of Goldman Sachs’ spot-on forecast? What the hell is wrong with you people?

The euro, of late, seems to have taken its eye off the ball. German Chancellor Angela Merkel has helpfully given investors a reminder of the big picture….Enter Ms. Merkel, who warned Friday that too strong a euro made it difficult for countries to carry out much needed reforms. A verbal intervention of this kind from Germany is a rare one—which makes it significant—and it knocked the euro more than half a cent lower against the dollar.

Euro Gets Wake-Up Call from Merkel [WSJ]