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World economy: The billion-pound punt

Frday 24th September 2010

The way some economists talk about it, you might think that the future of the world economy rests on a cruise ship. But the QE2 getting central bankers and City types excited will not be setting sail from Southampton any time soon. No, what they're referring to is another round of quantitative easing, or pumping billions into financial markets in order to jumpstart an economy stuck in a rut.

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