Friday, October 17, 2014

He's not the one writing it off

Financial Times --

Alexis Tsipras, the Syriza leader, has toned town his anti-German rhetoric but still wants to negotiate a massive write-down of Greek debt, set to peak this year at 174 percent of national output, a level he considers unsustainable.

Who are those non-crazy leftie economists who think that debt to GDP of 174 per cent is sustainable?