Aladdin Capital’s Hunter Prescribes ‘Cathartic Event’ for Europe

Aug 30 2011 | 8:05am ET

Constance Hunter, chief economist at hedge fund firm Aladdin Capital Management, said that Europe could recover more quickly if a “cathartic event” forced policy makers to make tough decisions sooner than later. Without a jolt to the system, she added, current fiscal and monetary policies risk prolonging Europe’s economic woes.

“The reality is that decisions may not be made in the European Commission’s offices in Brussels, but on the streets of Munich and Bonn,” Hunter said.


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