Skip to comments.Spain Celebrates The "End Of The Recession" With 54% Youth Unemployment, Highest Since January
Posted on 07/01/2014 10:17:49 AM PDT by Enlightened1
According to the just released European employment data for May, total Spain unemployment remained unchanged in May at 25.1%, while youth unemployment has actually risen to 54.0% - the highest since January!
That's ok though: aside from the facts, onc is welcome to "believe" whatever headlines one wants to believe.
And speaking of "recovery", here is what unemployment across Europe looked like as of May.
(Excerpt) Read more at zerohedge.com ...
Every Spaniard knows that the only solution to the unemployment situation is more Socialism... They try that solution over and over and over again and it’s obviously working great.
I am shocked Obama hasn’t announced a holiday to celebrate the “end of the recession”
Is 0 running Spain? Sounds like our numbers and resulting WH spin.
Please quit abusing the FreeRepublic sidebar.
Depends on what you mean by “falls”. In my mind, “falling” would mean that Spain could no longer borrow money to fund its deficit spending, which would mean its welfare state would implode. Now that the ECB is violating the treaties by printing money, that could take a while. Both Spain and Italy have been on the edge for a while, and the chart shows youth unemployment in Italy at 43%. As for the Eurozone, a bankrupt Spain could be the end of the Euro, and if Italy and Spain were to lose the ability to borrow, that would almost certainly be the end of the Euro. That, in turn, would at least reduce the power of the bureaucracy in Brussels.
Spain—Advise to you.
1. Go back to capitalism
2. Go back to the Roman Catholic Church!
3. Get rid of the Islamic people who cause trouble!
4. Import Mexicans and People from Centeral America!
5. Be the great power you were destined to be.
6. Don’t follow the path of Argentina!
And we still have folks who cheerlead the EU, free trade (reason #1 for EU), big government economics...when Spain is proof that those things all are failures
This would be the thread where Liberal Globalists should try to defend their selves...
obama and comapny are watching and taking notes....