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Friday, August 5, 2011

Untangling paradoxes in the debt crisis

Untangling paradoxes in the debt crisis
Paris (AFP) Aug 5, 2011 - For the average observer, the unfolding world economic crisis offers some bewildering paradoxes: untangling them however, helps give a clearer picture of the true state of play. The eurozone may be in crisis but the euro remains strong. Ratings agencies, say the critics, are punishing some countries but sparing others whose economies are equally weak. And never the mind that Japan ha ... more

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