April 18, 2013
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4:09Now PlayingThe big talk in the world of economics continues to be the famous study by Carmen Reinhart and Ken Rogoff, which claimed that as countries see debt/GDP going above 90%, growth slows dramatically.
Economists have always been skeptical of the correlation/causality on this.
But yesterday, a new study emerged which claimed that Reinhart and Rogoff used a faulty dataset to make that claim and (most stunningly) had an excel error that exacerbated the growth dropoff for countries with debt/GDP higher than 90%...
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Clip from the Wednesday, April 17th 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern.
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