Lies, Damn Lies, And European Growth Statistics. (Yanis Varoufakis)
«For several years now, Europe’s policy leaders have been paralyzed. They have invested too much political capital in their failed policies to attempt to reverse course. But no one should be fooled by statistical legerdemain: Focusing on real national income data during a period of deflation is merely an effort to repackage an economic depression as a great success story.»
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