"Greece is now at its Ponzi moment of financing. As John Hussman pointed out this week, if interest rates are at 15% when you roll over debt, and your country is not growing, you have no way to actually service the debt. And thus, the Minsky Moment when the markets walk away. Bang!"
Diskuze: Eurofrenie: Duševně rozpolcená Evropa (I.)
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Radovan Dell|13. 6. 2011 14:39
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