Unemployment in the Euro Zone is currently the highest it has been since the introduction of the Euro, and $1.3 trillion in loans and an increased rate of money-printing presents potential for inflation. While unemployment is improving in the United States, it is only getting worse in Europe. Even a negligible growth in manufacturing is seen as a "pretty good outcome".
While inflation is likely to rise in the Euro Zone, global monetary authorities believe that the greater danger falls in the deflationary pressure from falling real estate prices. Which do you believe is the greater danger?
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