This is an example of why (specific) predictions in this situation are very hard to make:
![[Image: greek-economic-projections-v-actual.png]](http://media1.express.be/pictures/lowres/web/greek-economic-projections-v-actual.png)
(I know the source says zerohedge, but only for the OOPS edit, the actual graph is from the Trojka report)
And this is also the reason why negotiations are at such an impasse right now. Because predictions have proven to be wrong for the past couple of years; how do you guarantee that the current agreement won't follow this trend, and how do you guarantee that the future agreements will improve or break the trend?
(I know the source says zerohedge, but only for the OOPS edit, the actual graph is from the Trojka report)
And this is also the reason why negotiations are at such an impasse right now. Because predictions have proven to be wrong for the past couple of years; how do you guarantee that the current agreement won't follow this trend, and how do you guarantee that the future agreements will improve or break the trend?