Debt, Growth and the Austerity Debate - NYTimes.com

Debt, Growth and the Austerity Debate - NYTimes.com

The cost of borrowing does not increase in Japan where debt is 200 percent of GDP. The only time borrowing increases is if countries are tied to the Euro. The PIIGS nations should get out of the Euro or Germany, who benefits from all this until her customers are impoverished, should get out. 

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