Wednesday, November 13, 2013

The average [Czech] household has 28 143 CZK per month, lives on 530 CZK less than last year.

Commentary by Roger Erickson

A warning from the Czech Republic (hat tip Jan Zemánek)

The average household has 28 143 CZK per month, live on 530 less than last year.

Take that as a reminder that things can continue ... until they can't.

Orthodox lemmings take notice. Looming cliff sensed in the sectoral balance.

Always clouded are the Orthodox. :(



1 comment:

Ryan Harris said...

The former President/Prime Minister until this year was a Cornell educated economist too. Hmm.