Thursday, June 17, 2010

"I didn't know that" II


More Videlaisms

- 25% of the labor force in Greece works in the public sector
- The claim that the US has a higher debt level isn't necessarily accurate when measured as a percentage of Debt/GDP (e.g. Iceland, Spain, Japan all have a higher Debt/GDP level)
- Since its formation as a country in 1821, Greece has on average been in a state of default 50% of the time.
- As of June 2, 2010 Spain pays more on debt servicing than on unemployment benefits - even when 20% of country is unemployed.
- Since the crisis, private household savings have doubled.
- Roughly 70% of Spain's exports go to the European Union. Whereas roughly 70% of Germany's exports go to the rest of the world.
- The losses of running public TV broadcasting in Spain amount to approximately 10,000,000 EUR per day.
- The Italian government has 1,000,000 vehicles that it has bought for its bureaucrats.

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