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?

3 comments:

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

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

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  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....

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