EU Superstate Unemployment Hits Record; Hold On To Your Hats
Crippling austerity measures to pay back the private banking cartels and the correlated failing of the business sector, has left 16 million people jobless within the EU Superstate, a significant 587,000 increase from this point in 2011.
Unrest can only increase as the youth bare the brunt of the joblessness. 49.6% of under 25s in Spain cannot find work, and in Greece, an equally depressing 46.6% figure means rioting is far from over.
In Britain youth unemployment is also at a record high. 20.3% of young people cannot get a job, which is the highest number since records began in 1992. Ignorant Tories who turned their nose up at last years rioting may want to start acknowledging that Britain is not somehow exempt from the social calamity that is sweeping the world. While some people still remain relatively comfortable in their middle-class bubbles, back in reality many people in this country are living on the verge of poverty. Forgive the inner-city youth for not expressing their situation with Che Guevara t-shirts…the failed school system didn’t exactly teach them how to work the political process.
The figures released by EuroStat paint a very clear picture to the suits in Brussels. The EU dream has failed and needs to be dissolved before Europe falls off the deep end. More importantly the financial system itself needs to be significantly reworked if any country is going to stand a chance at surviving the storm.
Meanwhile IMF chief Christine Lagarde made the following remark: “Will 2012 be the end of the euro currency? I seriously don’t think so. Its a young currency, its a solid one as well.” 
What was the old saying? “Never believe anything until it’s officially denied.”
Got Euros? Switch them in to something more tangible. The Mayans may have been on to something.