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THERE IS NO EUROPEAN SOLUTION - BAILOUT AMOUNT KEEPS CLIMBING! EFSF needs to be 4 trillion euros, says Daniel Gros

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Mon, 17 Oct 11 5:54 AM | 45 view(s)
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The new eurozone bailout fund, the EFSF, may need to be as big as 4 trillion euros to assist banks, Daniel Gros, director of the Centre for European Policy Studies, has admitted – and senior officials are afraid to tell lawmakers, reports the FT.

There is no 11th marble.
http://birdflu666.wordpress.com/2011/09/24/efsf-needs-to-be-4-trillion-euros-says-daniel-gros/




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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