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Friday, April 9, 2010

Opposition to Budget Cuts Sustains Greek Crisis

“The Greek debt crisis broke out anew in recent days amid worries that Greece will not be able to overcome public opposition to deep budget cuts while support from the European Union remains wobbly and depositors appear to be staging a run on Greek banks.” (Washington Times, Friday)

Coming soon to a country near you.

FEE Timely Classic
“A Closer Look at the Debt and Deficit” by Robert Higgs