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Reply #6: Here's a link to information about Greece from the OECD [View All]

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tortoise1956 Donating Member (403 posts) Send PM | Profile | Ignore Fri Jul-22-11 11:43 PM
Response to Reply #2
6. Here's a link to information about Greece from the OECD
"Organization for Economic Co-operation and Development". It appears to be a relatively apolitical group, as far as I have seen so far.

Anyway, the link contains data from 2009. No wonder the country is going belly-up - the government expenditures are approximately 45% of the GDP, and were for the 5 year period ending in 2009. That is just insane, as well as being unsustainable in the long run. I hope that these loans have a whole bunch of strings attached...

http://www.oecd.org/dataoecd/5/52/44125050.pdf

I can't really talk to most of the data and graphs, my economic savvy is pretty basic. how about some analysis by the real economists on this thread?
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