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View Diary: Eurozone crisis blows up again (42 comments)

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  •  Not sure it's austerity anymore (7+ / 0-)

    The folks that bet big on he whole hyperinflation thing lost billions of dollars last month.  This seems more a worry with the stability of the Euro.  The only reason austerity matters is that it is being required to recapitalize countries that are literally running out of money.  This cannot go on.

    On the other hand, Japan, which is both printing money and doing fiscal stimulus, has borrowing costs less than 1%. From Dictatorship to Democracy, Guide to Non Violent Protests. (some) encrypted browsing. - web search without data loging.

    by sdelear on Wed Jul 03, 2013 at 01:18:48 PM PDT

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