On the day that seven European banks failed the stress test of a possible double dip recession, Foreign Policy published its The 2010 Failed States Index | Foreign Policy. Is the European Union on its way to being a failed experiment or is it too simplistic an analysis? There is however, a distinct model that is being tried in Europe to deal with the Financial Crisis, than the stimulus approach of the Obama administration and by what Paul Krugman has been demanding to Redo the Voodoo.
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