NUMBERS ARE PEOPLE COCK-UP BEFORE CONSPIRACY • CITE PRIMARY SOURCES OR GO HOME


Wednesday 21 April 2010

WE CAN HAS BARGAINING CHIP?

Of course not.

For tomorrow Eurostat will announce our deficit figures past and present as determined by themselves.

Details here: http://www.zerohedge.com/article/tomorrow-eurostat-reports-european-government-deficits-expect-more-pain-greece-downside-surp

The damage? TA NEA rather bizarrely cites itself as reporting a 13.7% deficit/GDP (up from 12.7%) and 120% debt/GDP (up from just over 100%).

Which suggests to me that our GDP has been revised downwards, the stock of nominal debt has been revised upwards and the nominal deficit is not actually that far off the mark.

But this is just a guess. We'll just have to wait and see.

BTW. Please Mom and Dad, if you're reading this, grab all the jewellery and get yourselves and your pension pots out of there.

No comments:

Post a Comment

Please remember that I am not notified of any comments and will not respond via comments.

Try to keep your criticism constructive and if you don't like something, do tell me how to fix it. If I use any of your suggestions, you will be duly credited.

Although I'm happy to entertain criticism of myself in the comments section, I will not tolerate hate speech. You will be given a written warning and after that I will delete further offending comments.

I will also delete any comments that are clearly randomly generated by third parties for their own promotion.

Occasionally, your comments may land in the spam box, which may cause them to appear with a slight delay as I have to approve them myself.

Thanks in advance for your kind words... and your trolling, if you are so inclined.