For the past few months, I have continued to observe the sovereign debt situation in Europe. It appears that things are trending toward a crisis stage again although it is early. American pressure with quantitative easy part II and related actions might make matters worse as officials make a request to Germany for a more balanced export policy.
I do not believe that the global economy has completely emerged from the financial crisis of 2008, which began nearly three years ago with the collapse o Bear Sterns, followed by the disaster of Lehman Brothers.
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