The Phaserl


Why We’re Ungovernable, Part 9: Crime Becomes Growth

by John Rubino, Dollar Collapse:

Ah, the Italians. They’re good for at least one entry in the “Why We’re Ungovernable” series each year, and their latest is the best yet:

Drug trafficking, prostitution revenue set to boost Italy’s GDP result

Italy has announced it will start including estimated revenues from prostitution and illegal drug sales in official gross domestic product (GDP) figures.

The country’s National Institute of Statistics says starting next year, the GDP result will also include estimates on the value of the black market in cigarettes and alcohol.

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