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Did Europe miss its chance?
While Europe's latest plan differs from the last ECB intervention, its methods are not new to this crisis. All eyes are on Germany for the next potential shoe to drop. The latest plan to save the euro is just more of the same – delay. While the markets have responded favorably to the European Central Bank's newly polished bond buying program, the enthusiasm is bound to wear off in the coming weeks as it is implemented across the eurozone. And there is a chance that the plan may not even survive by the end of this week, as a German court rules this Wednesday on the constitutionality of that nation's participation in ... (full story)
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