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Governments Up Stakes in Fight with Markets

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GOVERNMENTS VS. MARKETS
"Governments are playing double or quits in their game with financial markets," writes Martin Wolf. "So where do we go from here? We must start by recognising that all we have done is buy a little time...[the system] must be changed, to contain divergence, facilitate debt restructuring and promote economic adjustment. It is either this or failure."
SOURCE:   Financial Times

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