The Biden economy, by any real measure, is good.
If not the initial cause of Greece's many years of negative economic growth, it was certainly exacerbated by fiscal contraction.
That was a foreign debt issue.
The fact that the public debt was essentially in a foreign currency certainly made it worse. I still think it's very likely that the fiscal contraction in itself had a significant effect.
If not the initial cause of Greece's many years of negative economic growth, it was certainly exacerbated by fiscal contraction.
That was a foreign debt issue.
The fact that the public debt was essentially in a foreign currency certainly made it worse. I still think it's very likely that the fiscal contraction in itself had a significant effect.