Returning Europe to the 60% debt to GDP ratio is entirely unrealistic. It would require Portugal to run a primary surplus of close to 2.5% of GDP for the next 20 years. Say the hair on fire radicals at the ESM.
esm.europa.eu/sites/default/… https://t.co/ytOBkdfZ6F
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…