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View Full Version : Save Europe's Marriage With a Trial Separation - Bloomberg



NewsWhore
06-12-2012, 06:10 PM
Save Europe's Marriage With a Trial Separation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGBkuMMekoOZYHHdaVvABYW-k5G6w&url=http://www.bloomberg.com/news/2012-06-12/save-europe-s-marriage-with-a-trial-separation.html)
Bloomberg
This simple distinction underwrites an imbalance -- one that the shared currency magnifies and worsens. The euro is undervalued as a Hanseatic currency and overvalued as a Mediterranean one. Northern exports to the south are therefore unnaturally cheap ...

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