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Interesting... The debt to GDP ratio of Italy stands at 132 percent and its unemployment rate exceeds 7.5 percent. I really don't get economics.

• RobertoG 10y ago
  "I really don't get economics." Obviously. They are talking about only one indicator: GDP. What you don't get?
• mantas 10y ago
  Largest economy is GDP per capita. Public debt is not necessarily related to how the actual economy is doing at the moment. If gov takes a huge loan and uses it to propel business, economy does good. Although there's a debt to pay back far in the future. Which hopefully will be easier to pay thanks to inflation. 7.5 unemployment is OK by europeans terms. Anything bellow 10% is business as usual.
  • ranit 10y ago
    > Largest economy is GDP per capita Largest economy is not "GDP per capita", it is nominal GDP. Italy is #12 by GDP per capita measurement.