Don’t worry, folks: the Chinese communist dictatorship is coming to the ‘rekskew’ (“possibly”)

4 Comments Comment

1. admin says:

   July 9, 2014 at 3:55 pm

   http://www.timesofmalta.com/articles/view/20140709/local/q1-government-deficit-rises-to-1324-million.527000

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2. Giovanni says:

   July 9, 2014 at 5:45 pm

   But the Times took a fancy ride to China and dumped this important item with the daily junk items.

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3. Kevin says:

   July 9, 2014 at 10:15 pm

   The last sentence means that in aggregate people are earning and spending less. Finally we’re out of the recession. Thank God for Mintoffinomics.

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4. ciccio says:

   July 10, 2014 at 12:06 am

   If the government continues at this rate for the whole year, it will add up half a billion (“hames mitt miljun” or “nofs elf miljun”) of annual deficit this year alone.

   Now for some quick math. The deficit was Eur 132 million in Q1 2014. Deficit for corresponding period last year (Q1 2013): Eur 107 million. That’s almost 25% increase in the deficit. By any standard, that’s an explosion in the deficit.

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