Only Four Choices for the Western Economies
Zero Hedge has wrapped up the debt problems facing the Western economies. Only four choices, all bad and impossible. Every Western nation needs to borrow 10-55% of their GDP to sustain their economy. Who's gonna loan the money? Nobody has that kind of money to loan. So will we have debt trap, hyperinflation, austerity or default? Greece will be the mine canary this week. Will the bird live or die? We'll see.
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