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+--- Thread: Black market to bolster GDP? (/thread-4597.html)
Black market to bolster GDP? - Ed Jewett - 11-10-2010
Saturday, October 09, 2010
News Links, October 10, 2010
-- Global economic meltdown --
Black market to bolster GDP?
"The EU's pollster, Eurostat, is to start measuring the GDP of Poland and other European countries by including black market activity such as prostitution, drug production as well as smuggling activity."
Black market to bolster GDP? - Magda Hassan - 11-10-2010
The lines are blurring. Soon it will be 'respectable'.
Black market to bolster GDP? - Ed Jewett - 11-10-2010
The world is the plaything of the criminal syndicates and their "dons".
Black market to bolster GDP? - Jan Klimkowski - 11-10-2010
Fixed the quote:
Quote:The EU's pollster, Eurostat, is to start measuring the GDP of Britain and other European countries by including black market activity such as money laundering, people smuggling, drug dealing and arms trafficking - much of it facilitated within the City of London's Square Mile and by the Secret Intelligence Service.
A source close to the Treasury said: "This is real, tangible, GDP growth. Yesterday the Opium Wars, today the Kosovo Liberation Army. As we get ready to give tens of billions more taxpayer cash to the banks through QE2, it's a perfect time to acknowledge the contribution of the British entrepreneurial spirit to a thriving, expanding and increasingly globalized black market. This is visionary stuff."
ecruity:
Black market to bolster GDP? - David Guyatt - 14-10-2010
In fact any measure of GDP is meaningless without factoring in black money. Criminal syndicates must own well over 50% of the world's gross annual product...