Investment Chart Kondratiev Wave

Investment Chart Kondratiev Wave

Thursday 31 May 2012

sustainability of government deficits (Capital Economic)

The colourful table above from Capital Economics shows how sustainable the government deficits are in the Eurozone.
Nobody has a completely green score card. Even Greece has something green (total debts versus GDP, something that is pretty normal for a country where the rich almost dont pay taxes; but it is not in line with the criteria of Capital Economics: it is above 170%).

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