Germany Won't Help U.S. with Bailout

German economists endorse the government's refusal to buy up bad U.S. debt, saying it would reward reckless investment behavior

It's not a call for assistance; it's a scream for help. US Treasury Secretary Henry Paulson is asking other countries to help buy up bad US debt. The US government is putting up $700 billion in taxpayer money in the hopes that the measure might restore stability in the financial system. Some countries are planning to help. But the German government has answered this call quickly and clearly: no.

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