Wednesday, October 31, 2012
How to Plan & Forecast :-)
"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?).