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The Upside of the European Economic Meltdown
#74

The Upside of the European Economic Meltdown

Quote: (11-21-2012 04:36 AM)Greek kamaki Wrote:  

My predictions:
1.Greek GDP/capita in the end of 2013 to Slovak levels(PPP=23500$)(now at 25000$)
2.Unemployment in Greece 30% in 2013(now at 25%)
3.6-7% recession(7% in 2012)
4.Budget deficit at 7 billion euro(now at 2 billion)
5.Debt/GDP=200%(now at 190%)

This sounds like it means incremental reduction of quality of life for Greeks, not any kind of catastrophe. (Of couse, the vague future argument VFA could follow "It will mean disaster in the future! -- then we're back to mere doom-saying and speculation.)
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