The Discount Interest Rant
Calculating the Present Value of Future Disaster
Friday, August 17, 2012
Europe, NGDP, and the Euro-Crisis: the AEI's Cool Chart
James Pethokoukis, a blogger for the AEI,
has a lengthy post about NGDP growth and the Euro crisis
that I'm sure is good, but I was more interested in this awesome graph. Check it.
As expected, the slowdown in NGDP was accompanied by the ballooning of debt/GDP ratios.
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