A recent article in the Financial Times summarizes and criticizes the standard approach to focusing responsibility for the Eurozone debt crisis, for which it blames:

Question

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The article states that the standard approach to blaming the Eurozone debt crisis focuses on speculators, irresponsible fiscal deficits, and poor risk assessment. It does not specifically blame the operations of the ECB or the Eurozone convergence criteria. While the article does criticize the ECB for funding domestic bank purchases of government bond issues, it does not solely place responsibility on the ECB for the debt crisis. Therefore, the best choice is D.

A Recent Article in the Financial Times Summarizes and Criticizes