See the German Budget Deficit With Your Own Eyes

Thursday, April 01, 2010

It is a recession when this

GRAPH: Take note that Germans actual 2009 budget deficit rose 21-fold to €105.5 billion or more than double the projection, it was announced on Wednesday.
turns into this:


Communities now resort to slowing down traffic to 30 kph (and probably ticketing drivers) as they cannot afford to fix potholes anymore, German motorist association ADAC complains in a news snippet in the German quality weekly "Die Zeit."
See the terrible results of the biggest speculative bubble in history with your own eyes. It is all around you.

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