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Should Greece Remain In The Eurozone?
Sunday, August 23, 2015 5:10
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by Richmond Fed
Understanding the way forward for Greece requires understanding the cause of its prolonged depression. The argument popular in Greece’s creditor countries is that the depression results from prior fiscal profligacy leading to the collapse of an unsustainable debt burden. The argument popular in Greece is that depression results from fiscal austerity forced on it by its external creditors.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201508230703
