Tag Archives: debt

Baking the dough of debt into the bread of financial crisis.

Posted on May 25, 2010 by

Debt seems to be a necessary trigger condition for global economic disasters. Doesn’t matter if its private (subprime mortgages) or Government (Greek debt). But Japan shows debt is not a sufficient condition for a meltdown.  (Government debt = nearly 200 percent … Continue reading →

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