The questionable accounting gimmick countries are using to claim economic progress. Calculating the economic output of hookers, gunrunners and drug dealers to boost GDP
EU Hangs On with Hookers, Drug Dealers & Gun Runners
Karl Marx was wrong about virtually everything, but he was spot on when he said, "history repeats itself, first as tragedy, second as farce." For the third time in six years, the European Union (EU) is on the verge of recession, a tragedy fueled by slow or non-existent growth, a strong possibility of continent-wide deflation, and debt burdens that remain onerous, if not catastrophic.
