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Thursday, March 7, 2013

No, the United States Will Never, Ever Turn Into Greece


The Atlantic

No, the United States Will Never, Ever Turn Into Greece
The Atlantic
I ran another regression with country and time fixed effects on the PIIGS -- Portugal, Italy, Ireland, Greece, and Spain -- from 2000 to 2011, and I got coefficients of 0.0605, 0.0209, and -.8952 for gross debt, net debt, and current account. The ...


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