Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
"It is true that you won't find statistical confirmation of the nonlinearities reported in equation (3) if you confine yourself to recent experience in the major non-eurozone advanced economies. There's a simple reason for that-- these countries have not yet reached the tipping point in the dynamics of fiscal debt loads."

You seem to introduce this tipping point - not defined - after the fact to defend your conclusions.

by IM on Thu Mar 14th, 2013 at 11:51:40 AM EST
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