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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (90156)5/13/2012 6:01:53 PM
From: elmatador  Read Replies (1) | Respond to of 220005
 
Eurozone CBs have talked publicly for the first time of managing a possible Greek exit from Europe’s monetary union as stalemate in Athens talks on a coalition government raises the prospect that Greece will renege on the terms of its international bailout.

The comments by members of the European Central Bank’s governing council indicate that the risk of eurozone fragmentation is being taken increasingly seriously by the region’s policymakers.



To: Haim R. Branisteanu who wrote (90156)5/13/2012 6:15:56 PM
From: Hawkmoon3 Recommendations  Read Replies (1) | Respond to of 220005
 
If we're going to add on California's portion of the Federal debt of the US, then doesn't it make sense that in analyzing Italy's national debt, we need to add in it's local, provincial, and state debt as well?

I think the best way, if I understand your question correctly, is to multiply the per capital Federal debt multiplied by population of CA to arrive at the figure you are looking for.

But I'm not sure that the cited National debt of Italy includes debts of it's provinces and municipalities.

That would be necessary to accomplish your contrast and comparison of total debts.

Btw, spendthrift governments that fail to obtain an efficient ROI for taxpayer dollars spent, are ALSO bloodsucking squids.

Gov'ts seldom create wealth, but they are damn good at dividing it up and redistributing. A necessary evil in many cases, but one that has to be closely monitored and watched.

Hawk