In washington the Federal Reserve and other major banks that moved on Wednesday to help the foreign banks borrow more money easily. This is supposed to help Europe have more time to struggle with their debts. In the latest round they have decided to make interventions with banks to let the existing FED program let foreign banks borrow money at really low interest rates. Which will most likely keep the debt in Europe growing. I personally do not think that this is going to help any, if anything this is going to make everyone in more debt than they already are.
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