Griechenland, Goldman Sachs und Derivate

Die New York Times berichtet über Griechenland, Goldman Sachs und Derivate. Und auch über die Erbsünde des Euro.

For all the benefits of uniting Europe with one currency, the birth of the euro came with an original sin: countries like Italy and Greece entered the monetary union with bigger deficits than the ones permitted under the treaty that created the currency. Rather than raise taxes or reduce spending, however, these governments artificially reduced their deficits with derivatives.

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