21 thoughts on “Southern European Financial Crisis, its Impact, and the Task for Korea

    • miguelitodh

      Above all, thanks for your praise, sincerely.^____^ㅋ

      By the way, do you mean how to post the articles or manage the blog? What do you mean by that? 🙂

  1. “By 2020, the agency estimates debt held by the public would reach $20.3 trillion, or 90% of GDP.” We are on an unsustainable path. It will never get there. Public debt of the United States: ~$8 trillion – Federal public debt ~$4.5 trillion – Intergovernmental Holdings ~$2 trillion – State and local governments. Total = ~$14.5 trillion We are already over 100% GDP.

    • miguelitodh

      Thanks for your comment on the article, sincerely. 🙂

      You’re right. Public debt is the most serious part of the settlement of global financial crisis, particularly, in determining the time period of the exit strategy. In this respect, through this aritice based on the fact concerning European financial crisis, we wish it contributed to not merely informing, but alarming.

      At last, we want you to critically comment on the articles.^____^ㅋ

  2. And how are we supposed to “help” Greece? By increasing our own deficit? Maybe Obama can use some of the TARP money – some of it is lying around unused – of course, it’s deficit money too.

    • miguelitodh

      You’re right.
      As you say, we cannot enlarge the deficit by our own.
      The finance deficit of not merely southern European countries, but each state around the globe, is already enough. Nevertheless, it is true that this problem is not easy to settle. In this respect, we ought to consistently discuss it and gather the better idea.^____^

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