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Algora Publishing - Plunged into Chaos: Europe on the Eve of the Bilderberg Conference
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Tuesday,
Plunged into Chaos: Europe on the Eve of the Bilderberg Conference
Experts from Lombard Odier, a Swiss bank, estimate the bulk of Greek bad debt at 875% of its GDP, which means that to meet its obligations the country would have to invest without any foreseeable returns an amount exceeding its GDP by a factor of 8.75. The situations in Poland and Slovenia are even more alarming in their cases the debt to GDP ratio is 15 and 11 respectively. The corresponding average over the Eurozone is 4.34, and in the US 5.
Global Research

Plunged into Chaos: Europe on the Eve of the Bilderberg Conference

Plunged into Chaos: Europe on the Eve of the Bilderberg Conference