Relevant:
- Olivier Blanchard eyes ugly 'end game' for Japan on debt spiral
- The political economy of the European sovereign debt crisis
- Open Europe blog: What next for Greece?
- S&P Warns Greek Bailout Plan Constitutes Default; Greece at Risk of Missing June Target; Spoon Feeding will Continue Until Greece Dies
- France is looking straight down the barrel of a deflation shock
2010-09-05 — telegraph.co.uk
“The policy of forced 'internal devaluation', deflation, and depression could risk driving Greece to the edge of a civil war. It is impossible to cut wages and prices by 30pc without major riots,†he said, speaking at the elite European House Ambrosetti forum at Lake Como.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
