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Europe's Deficit Cutting Could Hurt the U.S. Economy

posted by Avatar MonteAmor 716 days ago in USD, EUR, Trade made popular 716 days ago

After Germany and Britain announced earlier this week that they're making substantial cuts to government spending in an effort to reduce budget deficits, alarm is growing in the U.S. that the austerity measures will torpedo the global recovery, including the fledgling expansion in America.
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