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  1. P

    Would you riot if your country was up the *****?

    yes, thats correct... sorry for my earlier mistake. I managed to find the report. http://www.abc.net.au/news/business/ (in the featured media section down the page on the right hand side.) So, the Greece deficit is 8.3% of GDP and US is 10.8%.. the only times its been more was during WW1 and 2.
  2. P

    Would you riot if your country was up the *****?

    maybe it was 8x and 10x... I was listening from the other room so I didnt hear it that clearly...... anyway, my main point was that they were saying the US debt % was higher than Greek debt. It was Alan Kohler on ABC news. too late at night for me to look up the details now... time for bed!
  3. P

    Would you riot if your country was up the *****?

    My hubby was just watching the news and US debt to GDP ratio is significantly higher than Greece (US over 10% and Greece around 8%). I think in both countries, significant structural reform is needed for long term economic growth, which is likely to be very painful. I dont get the...
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