The many-headed hydra of the European (and world-wide) debt crisis has resurfaced, threatening Spain this time. And in France a socialist is likely to win the presidential election in a week, promising to overthrow the previous governments promises of austerity for the sake of "growth". And I don't understand. Not the politics of it, I understand those very well. But the economics of calculating GDP and GDP growth.
As this is extremely complicated to calculate for a whole nation, let
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