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Stephen Roach Calls Euro System ‘Ponzi Scheme’


June 28 (Bloomberg) — Stephen Roach, a professor at Yale University and former non-executive chairman for Morgan Stanley in Asia, talks about the European debt crisis and the outlook for the euro. Roach, speaking with Tom Keene, Ken Prewitt, Sara Eisen and Scarlet Fu on Bloomberg Television‘s “Surveillance,” also discusses the U.S. economy. (Source: Bloomberg)



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