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The terror-attack hit the western world in a situation of a sharp cyclical downturn in the USA, Europe and Japan. Mainly because of increased uncertainty the downturn will be intensified by the attack. Immediately after the attack US monetary and fiscal policy became even more expansive. In...
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der Geldpolitik fehlt es der EWU an Institutionen, welche die notwendige Wirtschaftspolitik unterstützen. Es besteht somit …
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