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How 'magic' made Greek debt disappear before it joined the euro
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http://www.bbc.co.uk/news/world-europe-16834815
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Greece is at the heart of the ongoing eurozone crisis, but is past sleight of hand by Greek statisticians to blame for the country's current financial meltdown?
"We used to call him the magician, because he could make everything disappear.
"He made inflation disappear. And then he made the deficit disappear," recalls Greek economist Miranda Xafa.
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'Magic' made all the more 'realistic' because it was what the Eurocrats wanted to see/hear....
The banks are certainly culpable in large part for the mess we're in but what about the politicians whose singleminded fixation with a European superstate led them to overlook what was staring them in the face because it was expedient to do so?