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Name: NERDMANN
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Wednesday, March 17, 2010

Europe Is Hiding Pension Debt Off Balance Sheet And Soon Everyone Will Know About It

According to Edward Hugh at Fistful of Euros, the problem isn't just the new spending states like the UK, France, and Spain engaged in during the financial crisis. The problem is the off balance sheet pension programs that make current debt levels look like mere introductions to Europe's debt Bible.

posted by NERDMANN @ 5:49 PM 

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