By Rob Parenteau, CFA, sole proprietor of MacroStrategy Edge, and a research associate of The Levy Economics Institute.
Below is the leaked Greek bailout document that everyone has been talking about. Yesterday, the Financial Times wrote:
Greece’s economy has deteriorated so severely in the last three months that international lenders would have to find €252bn in bail-out loans through the end of the decade unless Greek bondholders are forced to accept severe cuts in their debt repayme...
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