Mish/ Mike Shedlock – Germany’s Finance Minister Lectures Obama On Debt, Defends Euro, Says German Referendum Needed Soon – 26 June 2012

President Barack Obama should focus on cutting America’s own budget deficit before advising Europe on how to tackle its debt problems says German finance minister Wolfgang Schäuble in the Spiegel article in Germany Rejects Obama’s Criticism in Euro Crisis

German Finance Minister Wolfgang Schäuble rebuffed recent criticism of Germany’s handling of the euro crisis from Barack Obama, telling the US president to get his own house in order before giving advice.

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