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European Debt Crisis

All of the Clarke and Dawe interviews are quite hilarious, but this one kind of sums up the current economic issues:

“How can broke economies lend money to other broke economies who haven’t got any money because they can’t pay back the money to the other broke economy who lent the other broke economy and shouldn’t have lent it to them in the first place because the broke economy can’t pay it back?”

 

Posted in Economics, Markets.

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