French Economist Gets it Absolutely Right!
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January 28, 2013 - 8:03pm
Written by Hilary Barnes
"The satisfaction of seeing France finance and refinance its debt at historically low rates of interest is just the tip of the iceberg that is a France that is sound."
This quote is from one of France's leading economists, Philippe Askenazy, writing in Le Monde (January 21).
He thus joins Charles Wyplosz, professor of international economics at the Graduate Institute, Geneva, who made some of the same points in article at Telos.eu on January 4 asserting that France is not the economic wreck, being driven with foot hard down towards the abyss, that many foreign commentators and not a few French ones seem to believe.
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