Comments on: An unpleasant surprise may lurk in euro zone GDP numbers http://blogs.reuters.com/macroscope/2012/09/24/an-unpleasant-surprise-may-lurk-in-euro-zone-gdp-numbers/ Shining a light on the dismal science Wed, 16 Nov 2016 01:39:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Samrch http://blogs.reuters.com/macroscope/2012/09/24/an-unpleasant-surprise-may-lurk-in-euro-zone-gdp-numbers/comment-page-1/#comment-14591 Fri, 28 Sep 2012 09:46:20 +0000 http://blogs.reuters.com/macroscope/?p=8467#comment-14591 Making a lot of unemployed workers and factories does not make the region richer. Crisis in Europe required solutions other than high non-employment of human and other assets.

An unemployed worker is a family on some sort dole or making revolutions. That is increased welfare or security costs or both. That that raises deficits in the long term not lowers them.

There is no solution that does not radically change the EU and national governments. Not at the EU level or at the national level was there reported in the news that there was work on how to grow industries in the weak nation. I read the governments of the weak where busy looking for ways to milk the rest of EU to support graft and real estate prices not grow industries. The rest of the EU just wanted budgets that would pay bond holders in sort bleed a dry rock.

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By: mick68 http://blogs.reuters.com/macroscope/2012/09/24/an-unpleasant-surprise-may-lurk-in-euro-zone-gdp-numbers/comment-page-1/#comment-14575 Thu, 27 Sep 2012 01:33:19 +0000 http://blogs.reuters.com/macroscope/?p=8467#comment-14575 Analysts predict a .2% contraction because they’re not analysts, they’re paid propaganda writers.

Their predictions are constantly wrong and always optimistic, hoping people will believe their drivel and go out and spend money they don’t have.

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