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Post a Comment On: Doug Ross @ Journal

"Welcome to Weimar, District of Columbia"

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Anonymous hard drive media player said...

The developed economies have huge fiscal deficits with no state assets to sell. The balance sheets of the developed nations are over leveraged. The deficits have taken a permanence to them. In the case of Europe with no individual devaluation alternative and their new massive debt load, the EU must now make huge fiscal cuts to get credibility.

1:58 AM

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