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Prof. Nicholas Economides is interviewed on the ECB and the Fed

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Excerpt from Bloomberg -- "I'm afraid by now the ratings in Europe are almost collective, so even the countries that are in good shape now and have a triple A rating will have a problem as the crisis escalates. If Mario Draghi is successful in buying the bonds of Italy and Spain and the the crisis is contained, then I think we are looking at a much brighter future for the euro-zone."

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