We're about to get some bad news about the US economy a bit later Friday. The Bureau of Economic Analysis will release its second estimate of first-quarter gross domestic product. It's expected to show that the economy contracted 0.8% in the first quarter. But the US isn't the only country with less-than-ideal stats. In fact, recently we found out that Greece is in a flat-out recession. To put it in perceptive, Greece's economic nightmare is actually worse than the Great Depression in the US. Check out this chart that RBS Economics tweeted. It shows the trajectory of GDP indexed to just before things got bad in the US during the 1920s and in Greece just a few years ago. SEE ALSO: This brilliant map renames each US state with a country generating the same GDP Join the conversation about this story » NOW WATCH: Watch a pilot squeeze his plane through this skinny canal in Greece
 |
| READ THE ORIGINAL POST AT feedproxy.google.com |
