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Lessons from a similar debt crisis

March 31st, 2013 · No Comments

France emerged from World War I with very large debts. Here’s a comparison, using the IMF debt database, with the country the deficit scolds use to scare us nowadays:


The striking thing, of course, is the sharp decline in the debt to GDP ratio. How did that happen?

Find out and discuss in the Economy Forum: Lessons from a similar debt crisis.

Tags: Sovereign debt crisis