Artevelde
Senior Member
Well, Greece enormously increased spending on all sorts of infrastructure in the first half of the previous decade (on the Olympics, but also on other stuff). This did indeed produce a short-term growth in GDP. It also created an enormous debt and a lot of infrastructure nobody uses and which Greece is now desperately trying to sell. And as we know this recipe of reckless government expenditure and investment has really produced paradise in Greece.
Bullshit, Greece lied about its financial status.
They also embarked on massive government investment and spending in order to boost their economy. The results are there for everybody to see.