Mikeroeconomics: Greek Financial Crisis Through Cartoons: A haircut is the term economists use to describe a cut in bond principal when a country renegotiates its debt. In March, 2005, Argentina ...
About the Author: Mike Fladien is a high school Economics and Law teacher in Muscatine, Iowa. He has been called the EconHacker because he has a talent for explaining Economics concepts in a simple language that anyone can understand.
Saturday, March 10, 2012
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