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What I'm saying is that people didn't wake up in early 2010 and say, "Holy cow, the Greeks have 115% debt to GDP. They lied to us. We didn't know things were that bad!"

Even given the revisions you cite above, they are only 4%-5% over the previous numbers prior to 2009.

At the time, Eurostat was showing that Greece was running 100-105% debt to GDP for over a decade.

by Upstate NY on Mon Nov 28th, 2011 at 01:45:01 PM EST
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