Tag Archive: ECB lending

Apr 30 2012

The EU at a Precipice

Europe as we know it is disintegrating. Despite more than two years of summits, pronouncements and agreements, the European Union has been unable to do much more than delay the economic consequences of the sovereign debt crisis. Worse, EU economic diktats preaching strict austerity as the path to growth and prosperity have thus far only deepened recessions …

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