The economic fall of #Greece after (which came because of) the introduction of that miserable common currency (the €) had been predicted, by statisticians, using a tool called #Benford’s law, also called the first-digit law, an observation about the frequency distribution of leading digits in many real-life sets of numerical data. ( https://en.wikipedia.org/wiki/Benford’s_law
This law does not proove, but rather suggests that falsification of statistical reporting takes place. The bookkeeping the #Greek government turned into the EU, before the imposition of the currency, threw up red flags with statisticians that suggested the EU look into it. They either did and failed to find the truth, or they didn’t because it would throw off their plans for the future of the EU. Either way, an offense worthy of dismissal, wouldn’t you say?
Now, regarding the title of this post: Benford’s law has been applied to the reporting of all EU countries, and where some passed the test with flying colours, in particular #Austria (spiritual home of a certain school of economic thought) and #Belgium (venue of the real and proverbial seat of the EU: Brussels) both failed the test, and appear likely to be hiding something in their reporting. Wouldn’t it be lovely of Belgium, the home of the European government collapsed economically as a direct result of the #Euro? It would be horrible for the citizens, of course, but it would also be laugh out loud hilarious!