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Friday, February 27, 2015

David Beckworth: The Eurozone Counterfactual

Macro and Other Market Musings: The Eurozone Counterfactual

Now some observers will object and say the Eurozone crisis was actually a debt crisis. It was the consequence of irresponsible government spending policies that finally came home to roost. For some countries like Greece this was true, but for others it was not the case.

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