After 2008, Euro zone growth tumbled, as debt levels in Italy and Spain were too high. Euro zone growth is once again tumbling. The reason is the same. As long as policy makers continue the fiction that these debt levels are fine, this will be the reality after every bad shock...
Se genera deuda nueva para seguir creciendo, algo que apenas consiguen…
Abrazos,
PD: Todo lo que se escriba y diga en las redes sociales debe ser bueno…
