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Europe Learns the Wrong Lessons

Wednesday, September 14th, 2005 | European Union |

The American Enterprise:

And the Organization for Economic Cooperation and Development estimates that economic growth will slacken even further in the countries employing the Euro as currency. From an anemic growth rate of 1.3 percent per year between 2010 and 2020, OECD economists forecast a decline to under 1 percent annual growth during the decade following. Those little gray numbers are more than marks on paper

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