The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Giordano Bruno	3/17/2010 6:55:28 AM
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Europe Is Hiding Pension Debt Off Balance Sheet Greece, which has stomached the most ridicule thus far, is a perfect example having a staggering 875% of its GDP in debt if you include pensions. That's nearly 8 times what the government acknowledges now. But the problem isn't just in the continent's weakest link. France has 549% of its GDP in debt if you include pensions and Germany has 418%. businessinsider.com

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