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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Thursday, April 26, 2012
The Depression in Peripheral Europe
In order of severity: Greece, Ireland, Italy, Portugal and Spain, and then even the 17 country Euro area itself, all with four years of sub-standard GDP relative to the 2008 peak.
