Thursday, August 19, 2010

Entering a Death Spiral?: Tensions Rise in Greece as Austerity Measures Backfire - SPIEGEL ONLINE - News - International

 www.spiegel.de/international/europe/0,1518,712511,....html

Greece is trapped. Too much spending for too long. Too many people employed by the government. Too much debt. Too small a private sector to sustain the weight of the public sector. Same trap we are in. http://chum.ly/n/29eb8a

No comments: