SOVEREIGN DEBT: A Modern Greek Tragedy

Greece graffiti

Photo: AP Images

Christopher Waller, senior vice president and director of Research at the St. Louis Federal Reserve, gave a presentation last night on sovereign debt titled: SOVEREIGN DEBT: A Modern Greek Tragedy.It looks at the history of sovereign debt, the situation in Europe, the situation in Greece specifically, and the current fiscal state in America.

It’s very thorough and has some excellent charts.

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