News for hackers. Stuff that matters.
Re:The Economy by sachinag on Monday June 30, 2014 @03:58PM (#7967292)
Debt to GDP isn't a problem: http://www.peri.umass.edu/fileadmin/pdf/working_papers/worki... (very widely circulated paper, given that they lowered the boom on Reinhart/Rogoff)
Re:The Economy by muzz on Monday June 30, 2014 @05:05PM (#7967709)
Yes, Altman's point #2 is essentially the Reinhart-Rogoff fallacy that was widespread a few years ago, before being debunked.