Monday, 29 November 2010

Moneynews.com


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Bogle: European Debt Crisis Can Quickly Infect US Markets


Contagion from the European debt crisis could infect U.S. markets, and if it does, it will happen fast, says John Bogle, founder of the Vanguard asset-management firm. “I look to Europe, and … these are not wealthy nations, any of them, and they are supporting their weakest members," Bogle says. "I don't see how it could help but be contagion."


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