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Special report: Will growth stay with us?

The US has done it right: devaluation, deflation and default

An anti-austerity march in Spain: “The ‘Club Med’ countries cannot devalue their shared currency individually... The result has been very bad.” © demotix

This article is the first of three pieces in our special report on the recovery. Click to read the second. Click to read the third.

Of the major world economies and regions, only the United States has largely fixed its financial system following…

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