Letters of the Week

Is the financial crisis over? Euro clarity, and Eureka Report's calendar of events.

The main rumour in financial markets is the US is going to announce QE3. This time however the money will be targeted on ‘mortgage-backed securities’.

If true, this will be the turning point for the US and you will see a very rapid upturn in their economy. The problem is the housing market; fix that and the jobs follow.

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