Commodity Trade Mantra
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Posts Tagged ‘Debt Sustainability’

When It Comes To Total Debt, Greece Is Not Much Worse Than France Or USA

The problem France will find further down the road is that its own debt dynamics & sustainability is also highly questionable. Estimates we have used before with calculations for the present value of unfunded liabilities (as a % of GDP) show that its not Spain or Italy that have the worst long-term debt sustainability issues; its the US & France & then surprisingly, Germany.

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