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April 20, 2012

A Transatlantic Tale of Paralysis

Philip Stephens, Financial Times

AP Photo

I am never quite sure whether to be depressed or consoled when I cross the Atlantic. Europe is in a fair mess. Travelling to the US reminds me that this is a shared affliction. Political paralysis rules. The maddening thing is that everyone - maybe that should be almost everyone - says they know what must be done. They just won-t do it.

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TAGGED: United States, Eurozone

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