Claim theory (longish and wonkish)

Claim theory (longish and wonkish)Why Europe's difficulties are likely to continue By R.A. | WASHINGTON LATELY, one has been able to detect in the murmurs of the economics commentariat the faint hope that Europe may have solved its problems. On the heels of nearly €500 billion in initial lending through the European Central Bank's new long-term refinancing operation, borrowing costs have been comi

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「ユーロ危機は終わったか?ノー。今後どうなるかチェックするには名目GDPを注視すること。」「唯一使える『魔法の杖』は札を刷る輪転機だ。ヨーロッパははっきりと杖を振るうか、何かをダメにしてしまうか。」