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Archive for November 2nd, 2012

Worldwide Wartime Levels of Debt, Without World Wars

Friday November 2nd, 2012   •   Posted by Craig Eyermann at 7:59am PDT   •   0 Comments

How bad has the growth of debt become among the world’s major nations? So bad that Christine Lagarde, the managing director of the International Monetary Fund, a lender of last resort for distressed nations, has become extremely concerned about the level of debt overhang: Ms Lagrde had earlier said that public debt in developed…
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