Sunday, October 23, 2011

Europeans Haven't a Clue How to Avoid Depression

Global Economic Fate Hinges on European Finance Talks
Kevin G. Hall, McClatchy Newspapers: "The fate of the global economy, European unity - and the 401(k) savings of ordinary Americans - all hang in the balance as Europe's leaders meet over the weekend to try to resolve a burgeoning debt crisis that threatens to spread globally. The leaders are expected to decide at their European Union summit by next Wednesday whether and how to expand the controversial bailout fund they created earlier this year."

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