Tag Archive: Sovereign Debt Crisis

Mar 01 2012

Europe Takes a Page From Bernanke

“Even more bright signs emerged Wednesday. The European Central Bank agreed to provide an additional $700 billion in cheap loans to the continent’s banks.” ~ The Washington Post (3-1-12)  With a second round of lending to 800 banks yesterday, the European Central Bank (ECB) has now disbursed $1.3 trillion in near zero financing to the continent’s financial …

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