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Europe heading towards a depression: Satyajit Das

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  • Published On: April 18, 2012
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Satyajit Das, Former Banker & Author of Extreme Money says that European debt crisis has not gone away as nothing has changed despite ECB infusion."Europe is heading towards a depression," he says, adding that austerity measures coupled with liquidity infusion is only going to give short term relief; but in long term, it will cause serious problems.
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