Summary:
Greece’s Business Prospects Brighten After Lost Decade. Or so says the Wall Street Journal. I fail to see how. And the graph below is their illustration. Note that the reason for the brighter situation is merely that it has stopped falling. I had a similar graph not long ago comparing it just with the Depression in the US.
Topics:
Matias Vernengo considers the following as important: Greece, Wall Street Journal
This could be interesting, too:
Greece’s Business Prospects Brighten After Lost Decade. Or so says the Wall Street Journal. I fail to see how. And the graph below is their illustration. Note that the reason for the brighter situation is merely that it has stopped falling. I had a similar graph not long ago comparing it just with the Depression in the US.
Topics:
Matias Vernengo considers the following as important: Greece, Wall Street Journal
This could be interesting, too:
Merijn T. Knibbe writes ´Extra Unordinarily Persistent Large Otput Gaps´ (EU-PLOGs)
Merijn T. Knibbe writes In Greece, gross fixed investment still is at a pre-industrial level.
Stavros Mavroudeas writes Chinese translation of THE GREEK CAPITALISM IN CRISIS – MARXIST ANALYSES
Stavros Mavroudeas writes The Greek Saga – S.Mavroudeas, New York University, 24/3/2023 video
Greece’s Business Prospects Brighten After Lost Decade. Or so says the Wall Street Journal. I fail to see how. And the graph below is their illustration.
Note that the reason for the brighter situation is merely that it has stopped falling. I had a similar graph not long ago comparing it just with the Depression in the US.
Note that the reason for the brighter situation is merely that it has stopped falling. I had a similar graph not long ago comparing it just with the Depression in the US.