Source: “Die Welt”, 2012-04-25.
One year GDP is a pie. If you don’t own it any more, it is black. As black as growth. Or unemployed. Or more expensive. But not so big: to have outstanding debts of 85% is the same as making more debts of 5 %. In France. If you owe more than one year GDB, you get a cake with it. In Italy. Puzzled? Me too.
In Portugal, shrinking is white. Debt plus unemployment is a duck. In Greece, there is even more debt and even more unemployed is Pacman. Europe is funny.