28 October 2011

The real cause of the Eurozone crisis?

I saw this article on Twitter a few days ago.

The article itself is in Spanish, but that's of no real concern; what counts is the graph:


It shows when interest rates on government bonds of various Euro-zone countries changed.

As can be seen, everything was fine until Lehman Brothers collapsed in 2008, so kicking-off the world's current economic problems.

Is this the actual cause of Greece's current problems?

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