The Growth Canard in Europe. “The problem with Greece, Spain, Italy, and so forth is not that they lack fiscal stimulus (more government spending), but that stealing from the public till is their principal occupation.” “The southern Europeans want a nanny state, but they don’t want to pay taxes. They want Germany to pay their taxes for them.” Just call them the blue men of Europe.
INFORMAL (UNDERGROUND) ECONOMY AS PERCENTAGE OF GDP
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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