Monday, April 9, 2012
Looks like Greece might be in trouble
Because inflation is going down. Why is this bad? I don't know, I'm not an economist. But according to this story, inflation going up can be a good thing, as all economic indicators are in the age of Obama. So if inflation is good, and inflation in Greece is going down, I have to assume that means some bad news for Greece. Of course it could be that this is always true, that there could be good and bad in a variety of economic circumstances, and it is only reported according to the desires and agendas of the journalist in question, but that seems pretty far fetched. It would almost suggest one should approach news stories with a certain level of skepticism.