By Reid Standish Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. - Hamlet Act I, Sc. III It all began innocently enough. Back in 2002, as Greece first adopted the Euro as its currency, the country’s economic forecast was overwhelmingly optimistic. With its new currency and fresh access to the privileges of EU membership, Greece began a bacchanalia of large-scale borrowing. This manifested in a wild period of high-profile projects that went well over budget, such as the 2004 Summer Olympics in Athens. Although…
Continue readingBy Reid Standish The expansion of the labour studies department comes at the perfect time, says SFU prof The limited labour studies program at SFU will begin growing with a recent donation to the program. This donation will now make…
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