The Bunga Bunga Economy
Italy Looks to Drugs and Prostitution to Find Good Economic News
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  • gabrielsyme

    Italy learnt it was no longer in a recession on Wednesday thanks to a change in data calculations across the European Union

    So, in other words, your comments about Renzi “playing with the numbers” and that Italian officials resorted this method for political purposes is flatly contradicted by the source.

    • Corlyss

      Are you sure the Italian numbers weren’t included in that change in data across the EU?

      • gabrielsyme

        I’m not sure I understand the substance of the question. According to the linked article, it appears that some EU body promulgated new standards for calculating GDP to be applied by all member states. Italy applied said standards.

  • FriendlyGoat

    Well, the implication here is supposed to be pitiful or comical. But, you know what? Citizens and economists who don’t have the underground economy “in their numbers” have never had much of an idea how their countries actually work, have they?

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