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The Ticking Time Bomb Under The World Economy

January 2nd, 2014 · No Comments

The consensus view seems to be that the eurocrisis is contained when the European Central Bank (ECB) finally assumed it’s lender of last resort role arguing it would do “all it takes” to save the euro. Bond markets calmed and the crisis seemed to have been precluded. However, underneath, things are deteriorating, not improving.

The Ticking Time Bomb Under The World Economy – Seeking Alpha

Tags: Economy