LETTER: Glass-Steagall only remedy for economy

March 23, 2013 at 3:02 am in The Daily Republic

With a 30 percent larger QE program than the U.S., the whole European system was not able to bail out a few banks in Cyprus whose economy is only 2 percent of the European system. All the banks in Cyprus are closed until next week to prevent a run on the banks. Could be the failure of the whole system.
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