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Explain why the Greek Credit Crisis can result in contagion throughout Europe Since the Federal Reserve recently lowered the interest rates YET the dollar

Explain why the Greek Credit Crisis can result in contagion throughout Europe

 

Since the Federal Reserve recently lowered the interest rates YET the dollar strengthens relative to the euro, assuming no govt. intervention, what must have happened?

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Greek Credit Crisis and Contagion in Europe The Greek Credit Crisis can result in contagion throughout Europe due to interconnectedness within the European financial system Heres how it can happen Fin... blur-text-image
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