Effort = f(volume, distance, friction)… The Fiscal Crisis in Greece.

The fiscal crisis in Greece is deepening, today she stands at a budget deficit of almost 13% of GDP. I fear that the longer Athens waits to adopt a credible solution to deal with the country’s economic  troubles the worse it will get. The cost of Greek debt has already been blamed for the currency decline of the EuroContinue reading “Effort = f(volume, distance, friction)… The Fiscal Crisis in Greece.”