Where else in the world is an unemployment rate exceeding 25% (and over 50% for younger workers) met with absolutely zero response by government leaders?
In Spain, there’s far more interest in deficit reduction and recapitalizing banks, the former of which will only increase unemployment and deficits while the latter will only work if the ECB at last decides to be the lender of last resort.
In Greece, the banks are essentially finished, there’s no government, and a marked rise in political extremism.
In Germany, of course, the lying by Angela Merkel et. al. goes on.
Gorilla says: “Talk about continental drift! Not since Hitler has Europe been plagued by so many worthless and amoral leaders!”
