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European debt crisis: back to the future?
M.G. in Progress - The Unbearable Lightness of Being an economis 2 Years, 6 Months, 1 Day, 12 Hours, 20 Minutes ago
Over the last year, several posts of mine addressed European debt crisis issues. The problem is the link between Euro-zone sovereign borrowers and lenders. The risk has always been systemic within the Euro-zone to the extent that banks lent too much...