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The two are complementary.

At the risk of sounding like a broken record, if you do not remove the threat of punitive policy rates against defaulting €-zone economies, you will have a better than even chance of not having a European Union to implement fiscal policy in by this time next decade.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Jun 3rd, 2011 at 07:06:14 AM EST
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