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I think insufficiently large budget surpluses in the growth phase are a bad thing. The GSP justified complacency on that front.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Fri Feb 12th, 2010 at 03:13:30 PM EST
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