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(Image from article: "Greek Default Fears Spoil The Fun And Send Global Equities Plummeting")

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Germany says U.S. debt levels "much too high"

German Finance Minister Wolfgang Schaeuble questioned on Tuesday how the United States could deal with its high levels of government debt after November's presidential election.

Greek Default Fears Spoil The Fun And Send Global Equities Plummeting

After a series of positive announcement from Greek FinMin Venizelos, rumors that Moody's would downgrade French banks and Germany was preparing for a Greece to default send equities tanking, particularly French banks.

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