04/08/2012

The European Central Bank Roars Like A Lion. But In Reality Is A Mouse

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TAGS: BUNDESBANK, ECONOMY, EURO, EUROPE, EUROPEAN CENTRAL BANK, EUROPEAN STABILITY MECHANISM, MARIO DRAGHI, MONETARY POLICY

The lack of urgency being displayed by EU leaders is amazing. It is as if they are all hoping something will turn up. It could and it could be nasty.

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