> People have been predicting the immediate collapse of Europe
Have they? I thought most were predicting stagnation and slow decline? Which has been the cast for the past >15 years. Europe is just being left behind..
> trusts official inflation numbers
Because they are unwilling to read and learn what these numbers mean and how they are calculated?
> What was GDP growth? Less than 10%...
Well… reported GDP growth is always adjusted by inflation.
Have they? I thought most were predicting stagnation and slow decline? Which has been the cast for the past >15 years. Europe is just being left behind..
> trusts official inflation numbers
Because they are unwilling to read and learn what these numbers mean and how they are calculated?
> What was GDP growth? Less than 10%...
Well… reported GDP growth is always adjusted by inflation.