Spaniards unable to see through real data.

Germany

-GDP ( Gros Domestic Product ) 3.7 % on year terms.

-Inflation 0.9 %

Net growth increase 2.8 %

Spain

-GDP – 0.1 % on year terms.

-Inflation 1.9 %

Net growth increase – 2 %.

Germay’s growth is the result of healthy economic model with low energy and raw materials demand and strong added value.

Spain’s growth is the result of an old primitive and obsolete economic model with high demand of energy and raw materials and very low ( speculative ) economic model.

The spanish figures clearly show an structural deflationary model which needs an inflation always clearly higher than GDP growth .

Brahmason.

Published in: on septiembre 13, 2010 at 12:20 pm  Deja un comentario  

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