Submitted by ATZ on Wed, 2010/05/05 - 09:17.
As well all dissect NICA economics and how that relates to the people and the country, consider this. Greece, a country which few would call even close to "developing" just needed a $150 billion bail out. OK, so things go wrong...happens to the best of countries in these times. But, consider that it is estimated (by the Greeks) that about $30 billion in taxes are evaded each year. Not too many of those years for there to be no deficit. A recent finding is that when asked to check if they had a pool at their house, 347 residents of Athens said they did. Aerial imaging shows 16,500 pools.