Wednesday, December 3, 2014

Greece’s Great Depression, charted

This is what happens when you have massive government interference with an economy.


(via Ritholz)

5 comments:

  1. Unlike the US and Germany?

    Please, Bob, improve this line of thinking.

    It's the end result of living off Central Bank opium, sure.

    ReplyDelete
  2. Clearly, Greece was destroyed by its free market capitalism.

    ReplyDelete
  3. Kind of ironic that this chart violates the principles outlined in the "How to lie with charts" article. The Y-axis doesn't go all the way down to zero.

    ReplyDelete