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Institute for New Economic Thinking (INET) and INET Council on the Euro Zone Crisis (ICEC): Europe is Sleepwalking Towards Disaster of Incalculable Proportions

The alternative to fixing the euro is a catastrophic crisis with the euro zone socially unsustainable. The dilemma is how to unwind the high debt levels and losses in competitiveness accumulated and do this in the middle of recessions that

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