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The reason why greece is in such a mess because polititians expanded government spending from an already exessive level of 43.8 percent of GDP to to an even more exessive level of 51.3 percent of GDP. Geeece has become such a burden that job creators and wealth creators have moved theire money out of the country. Switzerland has has now so much money, that they dont know what to do with it..Bailing out greece is not nessecary to save the Euro.
| 14 years ago. Rating: 0 | |
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