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Home>Much Ado About Debt: Dollar vs. Euro

Much Ado About Debt: Dollar vs. Euro

Perspectives Content Submission

Wed, 24 Aug 2011

A key reason for recent market turmoil may be the long overdue untangling of important debt-driven interdependencies between the U.S. and Europe. In our analysis, not only has the Federal Reserve’s (Fed’s) ultra-low monetary policy taken away any incentive to engage in meaningful reform in the U.S.
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