Pray For Japan, Worry for Europe

WASHINGTON — While the world has been transfixed with Japan, Europe has been struggling to avoid another financial crisis. On any Richter scale of economic threats, this may ultimately matter more than Japan’s grim tragedy. One reason is size. Europe represents about 20 percent of the world economy; Japan’s share is about 6 percent

http://www.realclearpolitics.com/articles/2011/03/21/pray_for_japan_worry_for_europe_109281.html

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