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The new Greek deal appears to be all about plugging numbers into a spreadsheet until the bottom...

  • Tuesday, November 27, 2012, 7:26 AM ET
    The new Greek deal appears to be all about plugging numbers into a spreadsheet until the bottom line (debt/GDP below 124% in 2020, below 110% in 2022) pleased the IMF, writes JPM's David Mackie. Much will depend on GDP - assumed to be almost 40% higher in 2022 than in 2013.
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    I guess everyone is going to vacation in Greece in 2020...the whole world will need to get the growth they are talking about..and each one has to buy 10 cases of olive oil too
    27 Nov 2012, 07:36 AM Reply Like
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