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Europe stumbles blindly towards its 1931 moment

28.11.2010. | (Daily Telegraph, November 14, 2010) It is the European Central Bank that should be printing money on amass scale to purchase government debt, not the US Federal Reserve. It was a grave error for Germany\'s Angela Merkel and France\'s Nicolas Sarkozy to invoke the spectre of sovereign defaults and bondholder \'haircuts\'......


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