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Zoltan Pozsar: Europe is facing a Minsky moment triggered by excessive financial leverage. In Germany, $2 trillion of value added depends on $20 billion of gas from Russia… …that's 100-times leverage – much more than Lehman's." – Investment Watch

Zoltan Pozsar: Europe is facing a Minsky moment triggered by excessive financial leverage. In Germany, $2 trillion of value added depends on $20 billion of gas from Russia… …that's 100-times leverage – much more than Lehman's." – Investment Watch
investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.

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