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 [...]