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That 110% debt projection was completely unsupported by anything....

...except all of the hype and rhetoric surrounding Reinhart and Rogoff's carefully cooked data in their famous paper on debt sustainability.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Mar 13th, 2015 at 11:57:38 AM EST
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