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A comment on Review of “Adults in the Room” by Yanis Varoufakis. Parent comment

Re:Review of “Adults in the Room” by Yanis Varoufakis by occamrazor on Wednesday May 03, 2017 @04:38PM (#14259838)
Cutting expenses has not solved the _debt_ problem, but has surely solved the _deficit_. Greece has a strong primary surplus.
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Re:Review of “Adults in the Room” by Yanis Varoufakis by shkkmo on Wednesday May 03, 2017 @05:08PM (#14260106)
> but has surely solved the _deficit_. Greece has a strong primary surplus.

No, it hasn't. The "primary surplus' doesn't include any debt repayments.

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Re:Review of “Adults in the Room” by Yanis Varoufakis by Bartweiss on Wednesday May 03, 2017 @05:14PM (#14260167)
Yes, exactly. I said "too little too late" because a primary surplus doesn't resolve crippling debt - at this point it looks like the debt is far too large to handle with any kind of sensible short-term spending cuts.
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