steve keen was right, page-86

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    Mmmmm Sero your lack of knowledge is astounding especially when you are putting down other posters! If confidence begins to return in the US and other countries then increased economic activity results. The end result is people start spending more money, and the tax intake is higher. So yes if the confidence returns to countries like Spain and Italy their ability to service and reduce their debt improves. And yes if confidence improves then demands from goods from China increases which then increases their demand for resources.
 
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