When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Sunday, February 22, 2015

Why Austerity Will Not Save Greece (video)


Austerity programs demanded by Greece's debtors are pinching the country's economy. And history shows that very few countries have been able to meet the surpluses the Troika is asking for from Greece. Blooomberg's Brendan Greeleyexplains how to measure austerity and how it is unlikely to help Greece get out of debt. (Feb 19, 2015)

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