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Soros: European governments have the bazooka

Friday, November 04, 2011 - 07:56

The EU must use ''the bazooka in its hands'' properly to combat debt default, George Soros tells Reuters' Chrystia Freeland. The European Central Bank should not recapitalize the banks, but rather, guarantee the banks against default. Watch his strategic recommendations here.

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Soros: European governments have the bazooka

Friday, November 04, 2011 - 07:56