Wednesday, March 30, 2011

5 Things That will Remedy Portugal's Economic Meltdown


By Grant de Graf
  1. Dump the Euro and revert to a domestic currency
  2. Consolidate all debt plus a safety margin through a long-term loan from the IMF, with favorable terms
  3. Execute a fiscal stimulatory package, combined with smart austerity
  4. Provide a plan that will reduce the deficit by 40 percent over 6 years
  5. Achieve political stability through strong and clear leadership

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