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  • Ending the Era of Ponzi Finance: Ten Steps Developed Economies Must Take

  • Daniel Stelter, Ralf Berger, Jendrik Odewald, Dirk Schilder
  • December 2012
  • Record levels of developed-world debt amount to a Ponzi scheme in which future wealth has been used to fund today‚Äôs consumption. Political and business leaders need to acknowledge that many of these debts will never be repaid and embrace debt restructuring and defaults. It is time to act.
  • Read more on bcg.perspectives

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