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ECB vague promises
By Larry
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August 02, 2012 19:41:24
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Last updated on: August 02, 2012 19:44:42
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The ECB promised to buy Euro members debt.Well, It sound great.Unfortunately in the real world it means passing Euro members debt to the next generation.This include those that has not be born.The west including UK borrow every day with the hope to pay back when the economic grows unfortunately the expected grow economic has been move to China,US and Europe can't grow economic that is base on import from China.
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