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7/29/11

Which Is in Worse Shape, U.S. or Europe? - by Simon Johnson

The United States and Europe seem to be competing hard this summer for the title of “biggest economic problem.” Based on the latest news coverage, Europe might seem to be experiencing something of a resurgence, as last week the euro zone agreed on a deal involving mutual support and limiting the fallout from Greece’s debt problems.

For more: Simon Johnson: Which Is in Worse Shape, U.S. or Europe? - NYTimes.com

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