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Expert: Germany Is Writing Daily 'Open Ended Check'

Monday, 21 May 2012 | 1:00 AM ET

Brendan Brown author of 'Euro Crash', head of research at Mitsubishi UFJ Securities International, told CNBC, "What we saw at the G8 meeting was a essentially Germany being asked to write a check for the Obama reelection campaign, clearly the US concern is that Europe doesn't blow up ahead of the November elections."