What’s happened in 2008/2009 with the reported national accounts of
The goal of the present report is to shed light on the discrepancies between the reported
National Accounts data for the Spanish National Income, and other indicators. The conclusion is that Spanish GDP for 2008 and 2009 has been almost certainly manipulated. Indirect calculations of GDP fall in this period show a fall of 17.3% in the more favourable scenario, while the reported data is a fall of only 3.1%.
see full PDF report 38465752-Spanish-GDP-Report
Thanks to Anthony for the clip! Cheers mate!!