“What the Greek situation has shown (debt 120 percent of GDP before the crisis and 170 percent today after reforms) is that austerity without a strategy for vigorous economic growth is a recipe for failure.”

By David M. Smick | The Weekly Standard | 31 October 2011, Vol. 17, No. 07

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Posted in Economics, Must Reads
Tagged Global debt

Scarra Blog

Blog of Gary Scarrabelotti

Stop funding Pakistan while it pays to kill Diggers

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