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By Undustrial (registered) - website | Posted April 17, 2012 at 00:24:53 in reply to Comment 75926
I don't think I've ever been more glad to see one of your GDP/debt ratio listings.
For other economic crisis junkies, I feel compelled to bring up Paul Krugman's main point today - before the onset of the current crisis, Spain's debt/GDP ratio was in far better shape than Germany (27% vs 50%). And yet their debt/austerity crisis is now threatening to overshadow Greece...
http://krugman.blogs.nytimes.com/2012/04...
"Today, the notion of progress in a single line without goal or limit seems perhaps the most parochial notion of a very parochial century." — Lewis Mumford
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