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Monday, June 20, 2011

Hopes of Greek Bailout Buoys Asian Spirits

“Asian stocks were mostly higher on hopes that a solution to Greece’s debt problems could be near even as talks between eurozone finance ministers broke up early Monday without an agreement.” (Christian Science Monitor)

The celebration may be premature.

FEE Timely Classic
“Greece: The Canary in the U.S. Coal Mine?” by Steven Horwitz