Goldman Sach’s Jim O’Neil latest paper last week had a fantastic stat:
“Despite this, my main message is – once again – to please keep this in perspective. Greece’s economy is somewhere between $300 to $350 bn. Last year alone, China’s GDP increased by $1.4 trillion, to $7.3 trillion. I reckon that means China has created the economic equivalent of another ½ of Greece in the 6 weeks of 2012 to-date”
So Greece is going through an economic crisis? MEH!