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Cyprus? There but for the grace of God goes Britain, Chunomics

Cyprus? There but for the grace of God goes Britain

Cyrpus’ banking sector is grossly inflated with assets and liabilities at around €126bn, or 700% of the island’s GDP. Yet our own banking sector still has assets and liabilities equal to 450% of our GDP.

By | Chunomics, Eagle Eye | Monday, 18 March 2013 at 12:16 pm

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