"A U.S. central bank official warned Thursday it will take a long time to sort out Europe’s debt problems, and told financial markets not to place unreasonable expectations on the European Central Bank‘s ability to mitigate the crisis.
“I do not think you should expect the crisis to be solved with a silver bullet,” and “it will take years” to sort out the issues ailing the European Union, Federal Reserve Bank of St. Louis President James Bullard said..."
at http://blogs.wsj.com/economics/2011/12/01/feds-bullard-europe-issues-will-continue-for-a-long-time/?mod=WSJBlog
“I do not think you should expect the crisis to be solved with a silver bullet,” and “it will take years” to sort out the issues ailing the European Union, Federal Reserve Bank of St. Louis President James Bullard said..."
at http://blogs.wsj.com/economics/2011/12/01/feds-bullard-europe-issues-will-continue-for-a-long-time/?mod=WSJBlog
