Why Europe and the U.S. Disagree on Stimulus


As the G-20 club of the world's wealthiest nations prepares to meet in London on Apr. 2, observers have focused increasingly on an alleged clash between the U.S. and Europe about how to deal with the global financial crisis. The U.S.'s putative solution is to spray the economy with liquidity, while Europeans are seen as more cautious, resisting gigantic stimulus plans beyond what they've already committed to.

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