Tag Archive: EU banking union

Jun 05 2012

An Economic “Moment of Truth”

A fresh bucket of bad economic data and the resultant stock market swoon, which wiped out all the 2012 gains for the Dow last week, crystallizes a moment of maximum danger for the global economy. Only decisive leadership, championing fairly radical measures, can salvage the current situation. Looking back to the aftermath of the 2008 fiscal …

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