Thursday 5 July 2012

What are the maths?

Over the last few days, in Portugal, a number of dissonant opinions have been heard on the ability of the country to actually meet the deficit targets for this year - basically, it seems that at the heart of the question is if we need 1, 2 or 0 additional years to meet the targets. That's the wrong perspective to look at this issue - actually, at any issue! Politicians seem to be venting out these figures, without any real calculations to support them - there is no discussion based on current situation and evolution of expenses and income for the next months! All the opinions that have been shared (for both Portuguese and European responsibles) are void words, without no rationals behind them! I must say I am utterly shocked! 




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