eurozone debt by country Archives -
Sunday , 28 February 2021

Tag Archives: eurozone debt by country

Decades of Deficits Dictate De-leveraging, Deflation and Decline

Cyprus has beat Italy to officially become the fifth eurozone bailout nation after Ireland, Portugal, Greece and Spain...but Spain is the one causing the most anxiety because it's economy is Europe's fourth largest - larger than the other four euro bailout sisters combined....Sadly, judging from the current debt situation (see graph below), the Euro bailout train most likely will not stop here [and, as a result, we are in for years of eventual de-leveraging, likely deflation and sovereign declines. Let me explain.] Words: 485

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