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Quantitative Easing Fails When Debt is Too High

Sun 01 Mar 09 | 08:20 PM ET
Quantitative easing does not succeed in an environment where in the U.S., they have debt that is the equivalent of global GDP, says Hugh Hendry, CIO of Eclectica Asset Management. He makes his case to CNBC's Maura Fogarty.

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Currencies  | Analyst  | Asia  | Currencies  | Stock Market
 
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