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Why Europe Needs A "Firestorm" Of A Crisis

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Steen Jakobsen, Saxo Bank's Chief Investment Officer, thinks only a "firestorm" of a crisis will result in any meaningful improvement in the Eurozone's fortunes. He says the latest EU Commission report is a total waste of time.
He tells Owen Thomas that the continuing exercise of "pretend and extend" is futile. Yet again, we're seeing all talk and no action, he says.