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The Poisoned Chalice: From Eurozone to Dead Zone - CounterPunch

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POSTED BY:
Canada Forex Portal

DATE:
10/04/2016

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In addition to a writeoff of bad debts, an expansionary fiscal policy is needed to save the eurozone from becoming a dead zone. But the EU has no unified tax policy, and money creation to finance deficit spending is blocked by lack of a central bank to ...

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http://www.counterpunch.org/2016/10/03/the-poisoned-chalice-from-eurozone-t...

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