Epstein Secrets

ions by investment booms and financial crises initiated by capital investment typically from London or New York; a process documented beautifully by Reinhart and Rogoff in 'This Time is Different' [Reinhart & Rogoff 2009]. One aside with regard to the use of the word capital, which in international econo

The same is true of the many smaller countries around Germany, not only does this include euro users such as Austria, Finland, the Netherlands and Belgium, it also includes others such as the Czech Republic, Denmark, Sweden and the Baltic states. Together, these countries form a linked bloc, with all

old of 90 percent of GDP. Above 90 percent, median growth rates fall by one percent, and average growth falls considerably more. We note that while Reinhart and Rogoff’s observations are based on ‘gross debt’ data, in the U.S., debt held by the public is closer to the European KP countries’ definition of

— - mn 3 a a = Public @ Private Annual Per Capita Health Spending ($) PF Ay o oS So | | | | | | | | | | | | | | $0 Korea Japan Greece UK lreland Belgium Turkey Czech Republic Mexico Poland Hungary Slovak Republic Portugal New Zealand OECD average Finland Iceland Sweden Australia Denmark Netherlands

old of 90 percent of GDP. Above 90 percent, median growth rates fall by one percent, and average growth falls considerably more. . We note that while Reinhart and Rogoff's observations are based on ‘gross debt’ data, in the U.S., debt held by the public is closer to the European countries’ definition of gov

an 4 UK New Zealand 5 Australia Canada 5 Canada Canada 6 Canada Netherlands 6 New Zealand Estonia 7 Switzerland New Zealand 7 Australia Australia 8 ; Belgium 8 Austria Netherlands 9 Belgium Australia 9 Ireland Germany 10 France Germany 10 Sweden Switzerland 11 Austria Estonia 1 Czech Republic UK 12 Denmark