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2012-05-26

Bubble in Austerity Shows Europe Is Ignoring 1997 - Bloomberg

Bubble in Austerity Shows Europe Is Ignoring 1997

Asia showed the world the danger of ill-timed austerity, denial and slavish devotion to conventional economic policies amid very unconventional circumstances. 

Why, then, is Europe resorting to a crisis-response toolbox that Asia clearly demonstrated doesn’t work? 

Bubble in Austerity Shows Europe Is Ignoring 1997 - Bloomberg

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