February in the recession year 2009 has come to an end and it's friday. But do we have anything to celebrate? Industry workers among others are organizing protests
, forcing governments to resign, culminating in riots and murder.
In the news today, the small country Sweden in the north of Europe, GNP decreased 4.9% (!) Q4 2008 (SCB
) and unemployment reached 6.2% (SCB
(Update) The US economy shrunk
by a whopping 6.2% in the last three months, but grew 1.1% for the full year. Comparing with the data above, Sweden did a little bit better - but both numbers are really bad.