Europe needs growth to get out of its mess, says Vanguard's Jonathan Lemco. However, you can't spur growth without confidence, and right now it's at a two-year low. The ECB is central to rebuilding that confidence, and one way to start would be to start bu

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• Friday, January 6, 8:17 PM Europe needs growth to get out of its mess, says Vanguard's Jonathan Lemco. However, you can't spur growth without confidence, and right now it's at a two-year low. The ECB is central to rebuilding that confidence, and one way to start would be to start buying the debt of peripheral countries in the secondary markets - despite German opposition. (video)

Source: http://seekingalpha.com/currents/post/108932?source=feed

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