Tuesday, April 16, 2013

Playing with data

Earlier, we have seen a longer version of 'Is Europe's central bank misleading us over who's to blame eorozone's crisis?'
Now we have this 'Are Germans really poorer than Spaniards, Italians and Greeks?'. Conclusion
"From this analysis it follows that it is misplaced to conclude from the ECB study that Germany is poor compared to some southern European countries and that therefore it is not reasonable to ask German taxpayers to financially support ‘richer’ southern countries (see e.g. Wall Street Journal 2013). The facts are that Germany is significantly richer than southern Eurozone countries like Spain, Greece and Portugal."

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