westbank (走西口儿)
Investors therefore face two unpleasant possibilities. The first is a collapse of the euro at some point – quite possibility within the next few months. The short-term effect would likely be a drop in the U.S. stock market below its 2010 bottom of 9,686 on the Dow. The other possibility is that repeated attempts to shore up the euro prevent a crash but promote a new recession, a so-called double-dip.

2011-11-29 -04:00
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