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ricardian ambivalence

macro, politics, markets, ambivalence

    ricardian ambivalence
    December 1, 2010 Uncategorized

    More on Spanish debt …

    Posted by Ricardo

    Spain has a debt problem – everyone agrees. But it’s hard to get a handle on the dimension of the problem.

    I found this Chart in an IMF publication – it shows that debt owed by Spanish households and corporates is well above the European average.

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