Wednesday, October 31, 2012

How to Plan & Forecast :-)

The German bloc will have to take its bitter medicine in Greece

"Every detail of the Greek economy is worse than officially forecast just weeks ago. The budget unveiled this morning estimates that public debt will reach 189pc of GDP next year (not 179pc). The budget deficit will be 5.2pc (not 4.2pc). The economy will shrink 4.5pc next year (not 3.8pc)". (Are the EU-IMF Troika up to the task or should they employ schoolkids?).

Posted by alan @ 08:36 PM (1026 views)
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2 thoughts on “How to Plan & Forecast :-)

  • The Majorca daily bulletin reports the Spanish are interested in creating a new law forbidding the photography of police beating protesters. A period of repression in the EU is not far away (as Nigel Farage recently suggested).

    http://www.majorcadailybulletin.es/first.dba?3872+0+0

    If we get out of Europe will we still be able to prop up our house prices, I ask?

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  • i remember the 90`s says:

    I say to my children use your common sense ,these europeans should give it a go!!!!!!!!!

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