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05:24 AM
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Wow, EUrope is literally imploding from the inside. Unemployment exploding, sh
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Goldenstein 1662530:MV8xODI2NjE1XzMwNDI3NDIxX0UyOTkxRjdB] [quote:Anonymous Coward 1805426:MV8xODI2NjE1XzMwNDI2ODAwXzE2MEVEMzZG] That's what happens when you shrink the money supply through Austerity after a decade of growth by credit. This is where the US would be if we cut spending. Might as well keep spending now until it explodes because the outcome is the same. Might as well live it up while we can. [/quote] No,this is what happens when you grow a bloated,unproducing,overbenefited government,full of government workers. Then over tax and over borrow,trying to keep it above water. [/quote]
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Spain's unadjusted unemployment it 34%! Greece is already asking for more money and Portugal says another bailout for them is imminent. This is seriously going to spiral out of control fast and not a peep in mainstream media. They also think they can manage this crisis on their own and are now telling the US to mind your own busines, you know what happens when US doesn't think you're a "team player".
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