Most people don’t remember math class, but they do remember Pythagoras. Greek philosopher and mathematician, he is credited with one of the handiest formulae any school student could know: A squared ...
Greece has something like €315 billion of public debt. Forget about that. Instead focus on liabilities as presented in Revised Greek Default Scenario: Liabilities Shifted to German and French ...
Here is a simple summary of the Greek bailout math explained with just 2 numbers. First, the country has to do the impossible. As Citi's Jurgen Michels summarizes: "Once the whole new cabinet is ...
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