Activist Post -The Italian economy is in the midst of a horrifying "credit crunch" that is causing thousands of companies to go bankrupt...
During the 4th quarter of 2012, the unemployment rate in Greece was 26.4 percent...
During the 4th quarter of 2012, the youth unemployment rate in Greece was 57.8 percent.
The unemployment rate in Spain has reached 26 percent.
In Spain there are 107 unemployed workers for every available job.
The youth unemployment rate in Italy has risen to a new all-time record high of 38.7 percent.
Overall, the Greek economy has contracted by more than 20 percent since 2008.
Manufacturing activity is declining just about everywhere in Europe except for Germany...
Things have gotten so bad in Greece that the Greek government plans to sell off 28 state-owned buildings - including the main police headquarters in Athens.
1 comment:
Brain damage. They need a 30 hour
work week, but their corrupt ideology won't allow it. Our politicos are just as bad.
Post a Comment