Special Report – Debt and Destruction
With Greece and the European debt problem blowing up world markets again, I thought you might appreciate a simple, easy to understand explanation on what is going on.
It is a fairly complicated issue, but the illustration from the New York Times below spells it out pretty clearly. You will notice several quotes from the preeminent Kenneth Rogoff, who is also quoted extensively in Facing Goliath: How to Triumph in the Dangerous Market Ahead.
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