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The Eurozone needs, at a minimum, an automatic allocation of Euros based on the size of the output gap, allocated to national governments in proportion to population.

What, a cap-and-trade Euro bond market?

The brainless should not be in banking -- Willem Buiter

by Migeru (migeru at eurotrib dot com) on Thu May 6th, 2010 at 11:34:53 AM EST
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