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News Link • Federal Reserve

Sarkozy Will Get “Stuffed”: Fed Loaning the EU $500 Billion in Doomed Effort

When we learn that the Fed is funding Europe with big money there will be a backlash. The Fed is already in hot water for their easy money policy. A $500b loan to Europe by the Fed will not go over too well with the folks in America. If something like this were agreed to over the weekend and we wake up on Monday with a new bailout there will be a very sharp reaction.

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