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"Whatever it takes" isnt going to be enough for the EU to survive deflation
2014 Jul 31, 1:30am 538 views 1 comment
by darlag follow (1)
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indigenous
2014 Jul 31, 3:21am
indigenous
2014 Jul 31, 3:21am
They are not the only ones. But when theirs, ours, Japans entire economy is built on growth (fractional reserve) they have to inflate until they are no longer able to and then theirs, ours and the Japanese economies will fail. I read around 2030
The European Union just keeps sinking deeper into the deflationary quagmire despite the ECB's efforts.
http://www.globaldeflationnews.com/whatever-it-takes-isnt-going-to-be-enough-for-the-eu-to-survive-deflation/