"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants – but debt is the money of slaves"
Norm Franz, “Money and Wealth in the New Millenium”
(Reuters) - Last week's EU summit went a long way towards forging the closer economic ties needed to prevent future debt crises but markets are likely to judge it as too little and too late to solve the current one.
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