The Euro Zone: The World's Biggest Economic Problem

THE world economy is not in good shape. The news from America and Britain has been reasonably positive, but Japanâ??s economy is struggling and Chinaâ??s growth is now slower than at any time since 2009. Unpredictable dangers abound, particularly from the Ebola epidemic, which has killed thousands in West Africa and jangled nerves far beyond. But the biggest economic threat, by far, comes from continental Europe.

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