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Greece's GDP Is In Total Freefall!!! European Finance Ministers Cancel Meeting on Greece!!!
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[quote:Sammich:MV8xNzgyODAwXzI5NjI0MjM4XzgwQzE1OEY=] :Kick The Can: [/quote]
Original Message
Greece's GDP Is In Total Freefall
More awful economic statistics out of Greece.
In the fourth quarter, GDP shrank 7% from a year earlier.
That compares to a decline of 5% in Q3, according to Reuters.
The idea that the economy can survive more austerity -- especially given the attendant social collapse -- is laughable.
Read more: [
link to www.businessinsider.com
]
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