Finance In Europe A Mess

Finance in Europe is in a huge Crisis. Debt in Eastern Europe is out of control. Repayment is unlikely and now credit is unavailable. There won’t be any bail-outs. This problem is way bigger than the sub-prime crisis that hit America, or the East Asia Crisis in 1990. Although the situation is unfavorable for finance in Europe it will effect the American dollar in a positive way, keeping it strong, because the rest of the world is in shambles.
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