Having tactfully failed to point out to our readership that the Spanish economic 'mystery' recently encountered
here by our old favourite, Edward Hugh, may be attributable to his comparison of seasonally-adjusted sector data to nominal GDP, we now just cannot resist asking the following question...
Does anyone else find it odd that Hugh's latest piece,
Italy is the elephant in the euro room, not Spain, did not manage to find itself posted in his death-of-Spain flagship blog,
Spain Economy Watch?
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