• 2011 Q2, & Q3 GDP lowered to 2% by Moody's Analytics
• Roubini recommends tax, stimulus and longer-term austerity
• Germany and France rule out Eurobond per Investment Europe
• Treasury reports $14.7 billion decline in foreign owned Securities
• RT News reports Russian Q2 2011 GDP decline to 3.7% from Q1
• Global debt surpassed 69% of Global GDP in 2010 per the ET
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