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Is there a model in which a Country which borrows in it’s own currency has a Greece style crisis ?
Tuesday, January 5, 2016 21:39
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usa = Greece ? A challenge. Paul Krugman asks how a country like the USA could have a Greek style crisis. In his Mundell-Fleming Lecture Krugman defined Greek style crisis twice ” a Greek-style crisis of soaring interest rates” and ” a Greek-style scenario of higher rates and a slump in the real economy” . […]
Source: http://angrybearblog.com/2016/01/is-there-a-model-in-which-a-country-which-borrows-in-its-own-currency-has-a-greece-style-crisis.html?utm_source=rss&utm_medium=rss&utm_campaign=is-there-a-model-in-which-a-country-which-borrows-in-its-own-currency-has-a-gre
