Morning Metaverse [Oct 14, 2013, 10:20 am ET] – Share – Viewing Comments
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Draugr wrote on Oct 14, 2013, 18:02:scarlet wrote on Oct 14, 2013, 17:49:
France is fine? With a growth rate of 0.0%? What would be great be? What would bad be?
Let me be more specific, 'just fine' can obviously be very ambiguous, France is plodding along and while growth hasn't been explosive, it HAS been there (commendable when that isn't the case compared to the norm) and has been reducing their defecits quite a bit in the meantime, while avoiding explosive unemployment like others have suffered, which also means growth isn't as important as it is in these other situation (though it is still good.) They seem to be on the road to recovery and in this regard they are doing 'just fine'
Also I don't know where you got a zero number, unless it's outdated data. The growth isn't big but its there, which is better than many can say.
http://www.tradingeconomics.com/france/gdp-growth
It was based on 2012's numbers. France is on track for .2% this year.
https://tinyurl.com/l4zxzfo
France's unemployment rate has been hovering around 10% for the longest time, save for a brief two-year period 2007-2008. Maybe that's low by European standards, but it takes a massive toll the taxpayers—money that can not be spent on investments is instead spent on lavish entitlements.
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