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That is still 1 trillion in overcollateralised loans, so it's much less of a handout than it seems. It's still just liquidity.

And there is lots to invest on in Europe, just not to speculate on.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman

by Carrie (migeru at eurotrib dot com) on Tue Jul 15th, 2014 at 10:30:07 AM EST
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