Re:Thomas Piketty: “Germany has never repaid.”
by shoo on Sunday July 05, 2015 @10:48PM
(#9836420)
Thank you for clearly explaining where some of the money came from, and pointing out this subtlety. It is perhaps interesting to compare Portugal's contribution to Germany's after crudely normalising by GDP:
* Portugal contributed about 0.48% of its GDP in loans, compared to Germany's contribution of around 0.41%.
* Portugal's GDP / capita is a bit less than than half of that of Germany
* Portugal contributed about 0.48% of its GDP in loans, compared to Germany's contribution of around 0.41%.
* Portugal's GDP / capita is a bit less than than half of that of Germany