Thursday, July 26, 2012

Nouriel Roubini Asks the Big Question about Greece

He tweets:
With Greek GDP set to contract more than expected, where will they find the cash to meet Greece's financing needs?


  1. I have to ask: How much was it expected to contract and how could anyone know this?

  2. Is it just me? Or is the EPJ template messed up?

  3. Have not checked the figures myself, but if I remember correctly, Nigel Farage pointed out that if all goes according to the EU plan and Greece does what it is supposed to, Greece's debt to GDP will be 120% in 8 years time. And that is not their pessimistic forecast....