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Greece’s “Meaningless” Debt; Puppies Beg for Treats; Euro Debate Greece Isn’t Having; Sisyphean Tasks

globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / November 24, 2013 4:53 PM

Greece’s “Meaningless” Debt

The Debt-to-GDP ratio in Greece is now at 175% and rising. Recall Troika statements said anything over 120% was unsustainable.

Yet each quarter debt and debt service ratios rise. Now, a new argument has arisen: Greece does [...]