Posted on 09/01/2014 9:40:39 AM PDT by Kaslin
The currency and fiscal battleground front lines in Europe remains the same. France wants QE, fiscal stimulus, and more leeway on meeting fiscal deficit targets. Germany doesn't. And the fighting has strengthened.
The idea that ECB can produce nirvana by devaluing the euro is ridiculous. Yet, that's the battle cry of the day.
(Excerpt) Read more at finance.townhall.com ...
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